Ethereum Tests ATH
Ethereum has tested its previous ATH just below $4,400. This comes after BTC takes a slight short-term correction below $65,000. The overall market cap for the cryptocurrency industry is over $2.6 trillion and the overall volume is over $136 billion. There has been a shift in market dominance as well with BTC dominance dipping down to 46.5% and ETH dominance increasing to about 18.9%.
The ETH/BTC ratio further shows Ethereum outpacing BTC. It’s broken through a line of resistance and is continuing to test areas of further short-term resistance.