Ether’s (ETH) price has broken out for the first time in 23 days in its Bitcoin (BTC) pair. It follows a high-profile announcement from Visa to use USDC, a stablecoin based on the Ethereum blockchain.
Although ETH/BTC saw a strong technical breakout, the uptrend has been fueled by firm fundamental catalysts, buoying the short-term bull case for ETH.
Traders think Ethereum will outperform Bitcoin in April
According to the pseudonymous trader known as “Rekt Capital,” Ethereum was close to…
Source link