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Ether's surge is crushing bitcoin's gain this year with a performance gap of more than 400 percentage points
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markets.businessinsider.comAlain Pitton/NurPhoto via Getty Images and Dado Ruvic/Reuters
Ether is set to log a winning month for November and its advance of more than 500% during 2021 is running high above that of rival cryptocurrency bitcoin.
The token of the ethereum network popped up as much as 6% to trade above $4,700 on Tuesday. It was on track to rise by more than 8% for November, during which it first crossed above $4,600. That move was driven in part by growth prospects for the blockchain platform from a sharper focus on the metaverse as Facebook, now named Meta, ramped up its commitment to expand in the online, 3-D space.
Ether also stood out on a year-to-date basis, rising by about 530% compared with bitcoin's increase of roughly 101%. The performance gap
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