ETH/BTC continues a bullish run as the coin pair hits its highest in the last eight months.
ETH is now worth more in BTC than at any time since the start of the year despite a renewed appetite for altcoins.
According to data collected from TradingView and Cointelegraph, ETH/BTC cleared key resistance to pass 0.08 BTC on Aug. 13.
The move is impressive for the largest altcoin, Ether, as the area around 0.075 represented a troublesome sell zone that had previously kept bulls in check since January.
At the time of writing, ETH/BTC is working to retain the newly-won level, as traders query how long its strength might last.
The overall altcoin market cap also reached its highest since the end of May this week, passing $700 billion.