Ethereum’s native token, Ether (ETH), recorded better gains than Bitcoin (BTC) over the past 24 hours despite the latter finally rising above the key $20,000 level.
Ether beats Bitcoin in risk-on rally
On the daily chart, Ether jumped approximately 14% to reach its weekly high of $1,554 (data from Binance) on Oct. 26. Bitcoin underwent a similar rally, but its week-to-date profits are just 6% by comparison.
The ETH/BTC pair gained around 8%, climbing as high as 0.075 BTC on Oct. 26.
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