Ethereum (ETH) has surged past the $4,000 mark for the first time since March, buoyed by record-breaking ETF inflows, rising institutional interest, and a growing shift in investor sentiment favoring Ethereum over Bitcoin (BTC).
The cryptocurrency’s recent rally has reignited discussions of an impending “altcoin season” as bullish sentiment gains momentum.
Starting the year at just $2,356, Ethereum has rallied over 74% year-to-date, positioning itself as a standout performer in the digital asset space. As of press time, ETH is trading at $4,001, with a 24-hour drop of 0.78%.
Ethereum five-day price chart. Source: CoinMarketCap
Ethereum outshines Bitcoin post-elections
Since the U.S. elections, Ethereum has gained momentum over Bitcoin further fueled by SEC Chair Gary Gensler’s announcement of his retirement on January 20. Bybit’s December 5 “Volatility Review” highlights a marked shift in trader sentiment, with ETH/BTC ratio climbing to over 0.4.
“After G
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