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Ethereum’s Dominance Surges As $ETH Outpaces Bitcoin In Key Metrics

  • Ethereum ($ETH) has significantly increased its transaction dominance, reaching approximately 40% by November 2024.
  • Bitcoin's dominance has dipped to 61.5% as the $ETH/$BTC trading pair surged 17.8%.
  • Ethereum ETFs have seen strong investment interest, with $90 million in inflows on Wednesday alone.
  • Despite a recent sell-off by a prominent Ethereum holder, Ethereum's growing influence in the crypto market continues to solidify its position.

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