ETH
1,768 USD
The performance was relatively good. This suggests that institutional investors are not panicking and selling off positions. As a result of the outperformance, bitcoin's dominance has risen to a year-to-date high of 47.6%, while ethereum has risen to 20%.
Uncertainty in the short term may keep some investors on the sidelines. In the meantime, firm cryptocurrencies typically perform well when market sentiment improves.