Bitcoin slows as Ethereum hits record highs beyond $3K.
As the crypto market races back towards all-time highs, Ethereum is shooting ahead. The second-largest crypto has gained over 20% to top $3K for the first time.
Close behind, the altcoin market has been supercharged by Ethereum’s strength. Chainlink, XRP and BNB are surging with double-digit weekly gains, and Uniswap has jumped 17% ahead of the Uniswap v3 launch on May 5, 2021.
Meanwhile, Bitcoin has moved higher to reclaim the $58K level, boosted by news that the Federal Reserve will keep interest rates near zero and continue injecting money into the economy.
This week’s highlights Ethereum outpaces Bitcoin Bitcoin dominance drops to