Bitcoin vs. Ethereum: historical data predicts expanding gap in H2
Bitcoin vs. Ethereum: historical data predicts expanding gap in H2Ethereum lags behind Bitcoin and gold, with the ETH/BTC ratio falling 17% YTD.
Happy Wednesday!The global crypto market cap is $1.97 trillion, with a 24-hour volume of $94.25 billion. The price of Bitcoin is $56,022.59, and BTC market dominance is 56.2%. The price of Ethereum is $2,394.16, and ETH market dominance is 14.7%. The Crypto Fear & Greed Index is currently Extreme Fear (29). 📰 Top News
Bitcoin vs. Ethereum: historical data predicts expanding gap in H2Ethereum lags behind Bitcoin and gold, with the ETH/BTC ratio falling 17% YTD. 👀 Metric of The Day
The SOL/USD to ETH/USD trading pair has reached a new all-time high of 0.0619. Bitcoin’s crash wipes out $5 billion in futures OI but options remain stableBitcoin futures crumble under margin calls, but options trading volumes hit record highs. Vitalik Buterin believes Ethereum Layer-2 networks are close to solving the interoperability problemButerin said "people will be surprised" at how soon many of the mainstay challenges will be overcome. BlackRock, Nasdaq submit filing to introduce options for spot Ethereum ETFsThe addition of options "will remove impediments to and perfect the mechanism of a free and open market," says the filing.
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Where are all the stablecoins?CryptoSlate's latest market report dives deep into stablecoin distribution across various metrics to see where the $164 billion market cap is located.
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