Ethereum (CRYPO: $ETH) is seeing its price rise at a faster pace than Bitcoin (CRYPTO: $BTC) as a rally in cryptocurrencies accelerates.
Ethereum’s price broke above $2,500 U.S. in early trading on Aug. 24, having gained 34% over the last seven days. In contrast, Bitcoin’s price has increased 24% over the same time period.
Cryptocurrencies trade around the clock: 24 hours a day, seven days a week.
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Until the past week, Ethereum’s price had languished for most of this year and was unable to break through resistance it encountered at $2,000 U.S.
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