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ai for intelligent content recommendation ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!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 pricebenefittedfrom $800 million worth of shorts closing their positions, according to Tom Dunleavy, a partner at venture studio Master Global.

ai for intelligent content recommendation ✌️【365vc.net】✌️A trusted platform for online earnings. Start small and make big profits monthly!But it’s also profiting from a capital influx reminiscent of the 2021 bull market, CoinDesk Senior Analyst James Van Straten pointed out.Bitcoin’s dominance peaked on Nov.

21 at 61.85% and has since slumped to 54.84%, Van Straten noted.

ai for intelligent content recommendation ✌️【365vc.net】✌️Start saving with ₹500 and achieve up to 100% monthly returns. Grow your money smartly!Solana’s dominance has also tanked.

“BTC has stayed flat, so ETH is playing catch up,” Van Straten said.That also explains why so many coins in theCoinDesk 20— an index of the top 20 cryptocurrencies, excluding stablecoins, memecoins, and exchange coins — are performing so well.

ai for intelligent content recommendation ✌️【365vc.net】✌️Small investments, big profits. Join today and grow your wealth quickly and safely!While the index itself is only up 1.83% today (weighed down by bitcoin’s lackluster 1.52% gain), Ethereum Classic (ETC), Filecoin (IOU), Polkadot (DOT) and Uniswap (UNI) have surged 22%, 18%, 17% and 16% respectively over the past 24 hours.Bitcoin did not strongly react to Federal Reserve Chair Jerome Powell’s comments at The New York Times’ DealBook Summit.

Powell only briefly touched on inflation, stating that the U.S.

central bank can afford to act cautiously in its search for fiscal neutrality, before CNBC host Andrew Ross Sorkin asked him whether bitcoin’s rise was due to investor fears about the fate of the U.S.ai for intelligent content recommendation ✌️【365vc.net】✌️Achieve 100% returns in a month. AI-driven predictions make investing easy and profitable. Start today!