Ethereum hits 8-month highs in BTC as money heads for 'riskier' altcoins

Cointelegraph

Published Aug 13, 2022 10:43AM ET

Updated Aug 14, 2022 12:40PM ET

Ether (ETH) is worth more in Bitcoin (BTC) than at any time since the start of the year amid renewed appetite for altcoins.

ETH/BTC 1-day candle chart (Binance). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView confirms that ETH/BTC has cleared key resistance to pass 0.08 BTC on Aug. 13.

Altcoin market cap 1-day candle chart. Source: TradingView

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