Source: Coindesk.com
Ether has bucked its recent trend of underperformance against bitcoin, rising by 2.5% in the past 24-hours whilst bitcoin has edged lower. $17 million worth of short bets on ether have been liquidated on derivatives exchanges. Continued negative sentiment around ETH's loss of market share could lead to a short squeeze.
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The post "Ether Gains 2.5%, Outperforming BTC and Maybe Primed for More Upside" appeared first here Coindesk.com.
Source: Coindesk.com
