ETH Spot Volume Surpasses BTC for First Time Since June 2024
Main Idea
Ethereum's spot trading volume surpassed Bitcoin's for the first time since June 2024, indicating a shift in market dynamics driven by growing investor interest in Ethereum's ecosystem and altcoin adoption.
Key Points
1. Ethereum (ETH) spot trading volume reached $25.7 billion last week, exceeding Bitcoin's (BTC) $24.4 billion.
2. This marks the first time ETH's trading volume surpassed BTC's since June 2024.
3. The ETH/BTC spot volume ratio rose above 1, signaling a shift in market dynamics.
4. Analysts link this trend to increasing investor interest in Ethereum's ecosystem and broader altcoin adoption.
Description
The post ETH Spot Volume Surpasses BTC for First Time Since June 2024 appeared first on Coinpedia Fintech News Last week, Ethereum (ETH) spot trading volume surged to $25.7 billion, surpassing Bitcoin’s (BTC) $24.4 billion for the first time since June 2024. This milestone pushed the ETH/BTC spot volume ratio above 1, highlighting a notable shift in market dynamics. Analysts attribute this trend to growing investor interest in Ethereum’s ecosystem and broader adoption of altcoins. The rotation t...
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