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\n\t\t\t\t\t\t\t\t\tEthereum is the winner from today\u2019s crypto market rally, surging more than 8% to its highest level since early February.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Ether has outperformed its crypto brethren today, surging 8.1% over the past 24 hours to hit $2,380 in early trading in Asia on Tuesday morning.<\/p>\n
It is the highest the asset has traded since February 2, just after it crashed from $3,000 in a couple of days.<\/p>\n
Santiment reported on Tuesday morning that the number of Ethereum whale wallets holding at least 100,000 ETH has jumped 5.5% in the past week.<\/p>\n
\n\u201cYou can expect a level of correlation with price when this number grows, and there is strong justification that the #2 market cap can continue its rise.\u201d<\/p>\n
\n\ud83d\udc33 The number of Ethereum wallets holding at least 100K $ETH<\/a> has jumped from 54 to 57 in the past week. You can expect a level of correlation with price when this number grows, and there is strong justification that the #2 market cap can continue its rise. pic.twitter.com\/bYYHoY4Y5M<\/a><\/p>\n
\u2014 Santiment (@santimentfeed) April 13, 2026<\/a><\/p>\n<\/blockquote>\n<\/blockquote>\n
Markets Rally on Iran Deal Hopium<\/h2>\n
According<\/a> to Fundstrat\u2019s Tom Lee, ETH is the best-performing asset since the start of the Iran conflict, gaining 17.4%, outperforming the S&P 500 by 1830 basis points, and gold by 2,743 basis points.<\/p>\n
ETH is holding onto its gains at the time of writing, trading around $2,375, but it remains within a two-and-a-half-month-long rangebound channel and needs to break above $2,400 to see any serious gains.<\/p>\n
Crypto investors are reacting to the latest news from the Middle East that President Trump has initiated a US military blockade of Iranian ports and threatened any Iranian ships that approach.<\/p>\n
However, he also said on \u200cMonday that Iran wants to make a deal.<\/p>\n
You may also like:<\/h3>\n
US Vice President JD \u2060Vance said<\/a> in \u200ban interview with \u200bFox News that the US expects Iran \u200bto \u200bmake \u2060progress on opening the Strait \u200bof Hormuz, adding the \u200cball \u2060was in Iran\u2019s court.<\/p>\n
\nProgress = good https:\/\/t.co\/TSaBrkCY2S<\/a><\/p>\n
\u2014 Thomas (Tom) Lee (not drummer) FundstratDirect.com (@fundstrat) April 14, 2026<\/a><\/p>\n<\/blockquote>\n
Crypto Markets Add $100B<\/h2>\n
This big move has added around $100 billion to total market capitalization, which has hit a four-week high of $2.6 trillion.<\/p>\n
Swissblock reported<\/a> that its \u201cRisk Index has now transitioned into low risk for the first time since mid-March. \u201cThat signals bulls are starting to gain ground over sellers.\u201d<\/p>\n
Ethereum was the best high-cap performer, but Bitcoin also added 4.7% on the day to reach $74,800, where it found resistance again. BTC also remains within its sideways channel and, without further impetus, is likely to be rejected<\/a> here.<\/p>\n
Altcoin moves were muted by comparison, but those see better daily gains included Solana, WhiteBIT Coin, Hyperliquid, Chainlink, and Sui.<\/p>\n
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