Ethereum, the second-largest cryptocurrency by value after bitcoin, has broken away from the bitcoin price and surged higher in recent days.
The ethereum price has rocketed 30% over the last week, smashing through the closely-watched $3,000 level and taking its year-on-year gains to almost 1,500%—though it can’t compete with dogecoin’s rally.
As ethereum notches fresh price highs, investors have warned bitcoin is at risk of falling behind.
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