ABBC Coin, AAVE and Fantom (FTM) rally higher after partnership announcements

On April 29 Ether’s (ETH) worth rose to a different all-time excessive, boosting its market capitalization to over $320 billion. With the latest rally, Ether’s market cap has overtaken platinum and PayPal to turn into the thirty second most dear asset on the planet, in line with information from CompaniesMarketCap.

Ether’s market dominance has risen from 10.79% firstly of the yr to fifteen.4% presently, whereas Bitcoin’s (BTC) market cap has dropped from over 70% to 48.2% throughout the identical interval.

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Crypto market information each day view. Source: Coin360

To cater to the rising popularity of Ether, asset supervisor WisdomTree launched a physically-backed Ether exchange-traded product on Borse Xetra and Swiss inventory change SIX.

Even Asia appears to be regularly opening to cryptocurrency funds. According to the Naver News Service, South Korea’s Financial Supervisory Service might approve a crypto-related fund software by Hanwha Asset Management as early as May 2.

However, the watch for a Bitcoin exchange-traded fund within the U.S. was prolonged because the United States Securities and Exchange Commission deferred its resolution on VanEck’s ETF proposal to June 17.

As Bitcoin tries to search out course, let’s take a look at three tokens which were working exhausting prior to now few days.