Ethereum’s Ether (ETH) has witnessed a notable increase, climbing 3.5% to surpass $3,630 on March 31. This rise marks an 18.75% improvement from its recent low near $3,050, observed just over a week ago. The momentum behind Ether’s recent price uptick is multifaceted. A significant aspect is its performance against both the U.S. dollar and Bitcoin (BTC). The ETH/BTC pair, for instance, saw a 2.5% increase on the same day, reaching 0.051 BTC. This suggests a potential short-term capital shift towards Ether. Ether’s market dominance has also seen a boost, evidenced by a 2.16% rise in the Ethereum Dominance Index