Market Wrap: Ether Outperforms, Bitcoin Rises Above $42K – CoinDesk

Equities were also higher on Friday, while gold, a traditional safe haven asset, traded lower.

We remain optimistic that any dips for ETH and BTC are buying opportunities,” Sean Farrell, vice president of digital asset strategy at FundStrat, wrote in a Friday email.

Bitcoin’s trading volume across exchanges continued to decline after the spike on Wednesday.

In other news, the Bored Ape Yacht Club-linked ApeCoin was up 90% on its second day of trading, rebounding to over $15 after lows of $6.48 on Thursday.

“We have seen a corresponding increase in the number of active validators on the Beacon Chain from 300,702 at the end of February to 315,576 as of March 17.

From a technical perspective, the rise in ether has outpaced bitcoin, which could see further upside over the short term.

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