Ethereum ‘liquidity crisis’ could see new ETH all-time high before BTC

Ethereum‘s native token, Ether, may beat Bitcoin to new all-time highs, fresh analysis reveals.

In a tweet on Wednesday, Ki Young Ju, CEO of on-chain analytics service CryptoQuant, highlighted a “sell-side liquidity crisis” that could yet give ETH the edge over BTC.

With Bitcoin up over 50% versus its lows of $29,000, altcoins have also begun to reawaken, with Ether as no exception.

The largest altcoin has recaptured $3,000, a level that, this week, is now in the process of being retested as support.

Despite attention focusing on Bitcoin reclaiming $50,000, optimism over Ether remains high after its successful London hard fork deployment earlier this month.

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