Ethereum Outshines Bitcoin in Q3 as Capital Flows Shift

Reported about 8 hours ago

According to a CoinGecko report, Ethereum (ETH) led the recovery in the third quarter of 2023, as investors shifted their capital away from Bitcoin (BTC). While Bitcoin saw initial highs due to institutional interest, it cooled off by September, allowing Ethereum and other altcoins to surge. The report notes a significant increase in trading activity and a renewed focus on decentralized finance (DeFi) and tokenized assets, indicating a broader change in investor preferences within the cryptocurrency market.

Source: YAHOO

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