Ethereum News Today: Ethereum Outpaces Bitcoin With 2.56% Gain As Crypto Market Hits $4.15 Trillion

The cryptocurrency market has continued its upward trajectory, reaching a market capitalization of $4.15 trillion. This surge is driven by increasing institutional demand and favorable regulatory signals. Ethereum has outperformed Bitcoin, with a 2.56% gain in the past 24 hours, compared to Bitcoin's 0.99% rise. Ethereum's price has climbed to $3,792, while Bitcoin is trading at $119,088. The Fear & Greed Index has risen to 71, indicating high investor confidence.

Ethereum's rally is attributed to stronger ETF inflows compared to Bitcoin, marking a shift in institutional focus. Ethereum's dominance has increased to 11.06%, while Bitcoin's dominance has dropped to 57.09%. This shift suggests that investors are increasingly looking towards Ethereum as a viable alternative to Bitcoin.

Several smaller tokens have also seen significant gains. Privapp Network surged 138.6% to $0.00330, QANplatform followed with a 93.3% gain, while Vectorspace AI and Trollcoin added 73.3% and 72.3% respectively. These price moves led to total liquidations of $393.25 million in the past day. Large-cap altcoins also saw positive movement, with Dogecoin rising 2.68% to $0.220, Stellar increasing by 2.22% to $0.0372, and Cardano climbing 1.54% to $1.25. VeChain and Internet Computer gained 3.98% and 13.77%, respectively, highlighting broader interest in utility-based platforms.

Recent funding rounds have pointed to sustained venture capital activity in the crypto space. AI Cross Matrix raised $12 million, while Syntekla secured $2.5 million. These rounds reflect growing investor interest in AI-integrated and infrastructure-focused crypto startups. The Fear & Greed Index reading of 71 suggests that investor confidence is growing, supported by ETF developments and regulatory tailwinds. With the Altcoin Index expanding and liquidity rising, analysts expect continued market activity heading into the week.

At the time of press, Ethereum (ETH) is currently priced at $3,813.45, showing a 2.56% increase over the past 24 hours. The price has steadily climbed from around $3,701, reflecting bullish momentum. This upward trend in the cryptocurrency market is a testament to the growing interest and investment in digital assets, particularly Ethereum, which has outpaced Bitcoin in its rally. The market's expansion and the increasing dominance of Ethereum suggest a shift in investor sentiment towards altcoins, driven by favorable regulatory signals and institutional demand.