Ether outguns its rivals

Yesterday Ether was the star of the crypto show. The second largest coin recaptured the $2000 handle and later went on to accelerate back above the earlier intraday high that was reported on here. That was at $2083 and the drop back to as low as 1978 did not see it hold down there for long. The rebound gathered pace as price recaptured levels above 2050 again and that later saw it drive to as high as 2144 ahead of the wider US market close. One major reason for the move, not just in pure dollar terms, but relative to the likes of all its peers (including BTC) was due to comments from the legendary CNBC commentator, Jim Cramer who made a strong case of buying Ether over Bitcoin yesterday. That helped to lift the relative price between the two significantly and certainly snapped the downside run that Ether has suffered versus BTC in recent days. The comments from Cramer certainly endorse and echo what was said here the other week. The range so far today for ETHUSD has been set at 2062 to 2140. It is currently trading at 2122