Is a strong bull rally in the works?

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…


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