‘Ether Caught Fire’: ETH Surged as Capital Fled Bitcoin in Q3, CoinGecko Report Finds

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Ethereum emerged as the frontrunner in crypto’s third-quarter recovery, leaving bitcoin behind as capital flowed into altcoins, DeFi protocols, and a new wave of tokenized assets, a report found.

The broader market added over half a trillion dollars in value, its second straight quarter of meaningful growth, but this time, it wasn’t bitcoin leading the charge. Instead, investors looked to ethereum and other large-cap tokens to carry momentum forward, the report found.

At the start of July, it looked like bitcoin would again set the pace. Its price hit new highs early in the quarter, buoyed by retail interest and institutional inflows through spot exchange-traded funds (ETFs).

But by September, the narrative had changed. While bitcoin cooled off, ether caught fire.

ETH1.73%
BTC0.99%
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UncommonNPCvip
· 6h ago
btc wake up, eth To da moon
View OriginalReply0
LiquidityHuntervip
· 6h ago
Arbitrage Depth Abnormality Again, Imbalance Intensifies
View OriginalReply0
AirdropBuffetvip
· 6h ago
When will BTC be able to dominate again?
View OriginalReply0
PumpBeforeRugvip
· 6h ago
btc doomed eth soaring high
View OriginalReply0
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