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Ether still outperforming

01 Dec, 2021

Over the past 24 hours the relative price of Ethereum versus Bitcoin has extended to its highest level of the year so far. That is to say that there are no only 12 Ether coins to one BTC. That is more often expressed as a reciprocal and so the price is now above 0.0825, where even last week it was closer to 0.7. That relative gain in Ether over BTC has seen BTC fall back below 57k today, where Ether earlier rose even closer to its current all time high (4866), when it lifted to as high as 4,782. It has now backed away from that high, but the prognosis as mentioned here yesterday remains the same and the potential for another move to test that current all time high remains live. ETHUSD is just now trading at 4,722

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