Ethereum Surges to 10-Week High in $100B Crypto Market Rally

Ethereum is the winner from today’s crypto market rally, surging more than 8% to its highest level since early February.

Ethereum Surges to 10-Week High in $100B Crypto Market Rally

Ether has outperformed its crypto brethren today, surging 8.1% over the past 24 hours to hit $2,380 in early trading in Asia on Tuesday morning.

It is the highest the asset has traded since February 2, just after it crashed from $3,000 in a couple of days.

Santiment reported on Tuesday morning that the number of Ethereum whale wallets holding at least 100,000 ETH has jumped 5.5% in the past week.

“You can expect a level of correlation with price when this number grows, and there is strong justification that the #2 market cap can continue its rise.”