Ether Rises 8% Amid Slumping Bitcoin Dominance
Having long lagged behind bitcoin (BTC) in terms of price action, ether (ETH) saw some solid gains on Wednesday, rising 8% to over $3,880 in the last 24 hours. The second largest cryptocurrency’s price benefitted from $800 million worth of shorts closing their positions, according to Tom Dunleavy, a partner [...]