Ether Posts Weekly Gain Against Bitcoin Amid Drop in BTC Market Dominance

Ether's ETH/USD recent performance has seen the cryptocurrency outstrip bitcoin in terms of gains for two consecutive weeks — despite the latter's halving event. There was a 7.5% increase in the ETH/BTC trading pair during that timeframe, as noted by Monday's Bitfinex Alpha report. "This not only marks ether's strongest weekly gain against Bitcoin BTC/USD since early January but also comes at a pivotal time amid swirling negative speculation around Ethereum" the Bitfinex report said.

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