Ether nears record high with ‘catch-up rally’ after bitcoin’s streak of peaks

1. Ether shows strong potential, benefiting from favorable regulatory shifts. 2. Recent ETH rally described as a 'catch-up trade' compared to Bitcoin's gains. 3. Ether's outperformance supported by institutional interest and updates like the Pectra upgrade. 4. Risk-on sentiment elevates both Bitcoin and Ether due to anticipated Fed rate cut. 5. Genius Act drives stablecoin momentum, potentially bolstering Ethereum's market position.