(Bloomberg) — Bitcoin is most expensive relative to second-ranked Ether since October. Some market-watchers have pointed to a glitch in the process of making the Ethereum network less energy-intensive as fueling worries in the space in recent days. The market moves come at a time when cryptocurrency has been depressed overall as the Federal Reserve begins a rate-hike cycle and inflation surges around the world.
More stories like this are available on bloomberg.com
©2022 Bloomberg L.P.
