Ether Leads Crypto Market Rally, Approaching $4K as Bitcoin Lags

• Ether, the second-largest cryptocurrency, is approaching $4,000 for the first time since December 2021 and has outperformed Bitcoin over the past month • Bitcoin could more than double in price if it matched gold's allocation in investor portfolios, but likely won't due to higher volatility, says JPMorgan • Optimism Foundation sold 19.5 million OP tokens worth nearly $90 million to an undisclosed buyer subject to a 2-year lockup • Deribit options data shows traders positioned for continued ether price rally with call open interest at $7.57B vs $3.5B in puts • Bitcoin reached new highs in early March as the broader crypto market rallied over 50% in the past month