10:47 - 24.09.2024

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September 24, Fineko/abc.az. Etherium (ETH) prices increased by about 16% last week, doubling the yield of the most popular cryptocurrency, bitcoin, over the same period.

ABC.AZ reports that the average fees have also grown few-fold along with the increase in the price of the second largest cryptocurrency in terms of capitalization – ETH.

Over the past week, Etherium quotes have outperformed bitcoin by about 8%. Starting from the local low on September 18, the ETH/BTC ratio increased from 0.0385 to 0.0415, which is one of the strongest movements since May 2024.