In the latest report released by CoinGecko, it has been highlighted that during the third quarter of the year, Ethereum experienced a significant surge in value, which the report metaphorically describes as ‘Ether Caught Fire’. This remarkable increase can be attributed to a noticeable shift in capital investments, where investors decided to withdraw their funds from Bitcoin and reinvest them into Ethereum, thereby fueling its rapid growth in the cryptocurrency market.
source: https://www.coindesk.com/markets/2025/10/19/ether-caught-fire-eth-surged-as-capital-fled-bitcoin-in-q3-coingecko-report-finds