Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum blockchain called “the merge.”
Yuriko Nakao | Getty Images
Bitcoin fell to its lowest level in three months on Monday as investors dumped risk assets amid expectations of higher interest rates.
The world’s largest cryptocurrency dropped 5% to an intraday low of…