TREE NEWS reports: Ethereum gained 70.8% in the third quarter, its strongest quarterly performance since the first quarter of 2021. The quarter marked a sharp rebound for the second-largest cryptocurrency.
Ethereum Rises 70.8% in Q3, Strongest Quarter Since Q1 2021
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AI take
The scale of the move matters less than its timing: a 70.8% quarterly gain signals that capital rotated back into large-cap crypto assets after a subdued stretch, not just into niche tokens. That shift affects the broader digital-asset complex, since Ethereum's liquidity and use as collateral tie it to DeFi and RWA activity. Whether this rebound reflects durable demand or a one-quarter repricing is the open question, and the next quarter's follow-through will be the tell.
Generated by AI for reference only.
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