Ether’s price has risen 25% since August, but September could see a decline historically. Trading at $4,759, up from $3,807 in August. Fed Chair Powell’s comments spiked Ether to over $4,867. September has seen an average 6.42% loss for Ether since 2016.
Spot Ether ETFs have had $2.79 billion inflows in August, while Bitcoin ETFs had $1.2 billion outflows. BitMine chairman bought $45 million worth of Ether, bringing BitMine’s total stake to $7 billion. Bitcoin dominance has fallen 5.88% in the past 30 days to 58.19%.
Read more at Cointelegraph: Ether’s Upswing In August May Reverse In September: Data
