The market capitalization of Ethereum is less than 50% away from turning Bitcoin - ETH is approaching all -time high - market updates
The market capitalization of Ethereum is less than 50% away from turning Bitcoin - ETH is approaching all -time high - market updates
The second largest cryptocurrency in terms of market capitalization, Ethereum, came very close to the all -time high of the digital wealth value ($ 4878) on November 10. While the Bitcoin dominance has slipped under the 40% zone, market dominance or market assessment of $ 557 billion is almost $ 20% of the crypto economy.
The price development of Ethereum is approaching the all-time high-the dominance of the Ether market is increasing
In the last two weeks, Ethereum (eth) has risen by 10.8% in the FIAT value and since the beginning of the year (YTD), eth has increased by 668%. The YTD-Ether winnings are much larger than that of Bitcoin ( btc ) 190% 12-monthly. At the time of the letter there is ETH trade volume and Ethereum has a market capitalization of around 557 millions. While btc has a dominance of 38.7%, 19.9% belongs to Ethereum and the rest is now 11,289 crypto-assets kept.
The top trading couple with Ethereum is the stablecoin tether ( usdt ) because it dominates 44,6% of all ether-swaps. This is followed by USD (21.33%), btc (9.69%), Busd (8.37%), EUR (4.18%), Krw) (2.56%) and JPY (1.69%). In the last 24 hours of eth trade was binance the most active trading platform, followed by coinbase, gemini, bitstamp, luno and bitfinex. Onchain metrics of in the block-cryptoanalysis state that owners are currently earning money eth The prices are today at around 99%.
statistics show that concentration in large Ethereum owners is 42%, in contrast to the 11% concentration in large Bitcoin owners. 59 % of ETH holders have lasted for one year or more for a month to 12 months. Only 9% of ETH According to today, according to onchain-metrics, less than a month kept. In the past seven days there have been ether transactions worth $ 74.75 billion over $ 100,000.
The aggregate of the demographic data on Ether transactions shows that 51% come from the western hemisphere, while 49% come from the east. There are seven eth whale with 21.19 % of the circulating offer or 24.89 million ether loudly in the block statistics. A little more than 20 % of the Ether offer are held by institutional investors and 57.89 % or 68 million ether belong to private investors.
Ethereum market capitalization is 50.9 % of the overall market assessment of Bitcoin
The entire currency flow was $ 8.22 billion last week, while the foreign exchange outflow was $ 8.86 billion in ether. Ethereum recorded an increase in the new addresses by 13.45 % and active addresses by 9.95 % last week.
since March 2016, Hashrate from Ethereum has increased from 1.5 terahash (Th/s) to 956.25 th/s at the time of writing. eth The hashate from Ethereum has risen by a full 63.233% since 2016. The Ethereum's Hashrate has never been so high and is very close to 1 ph/s.
at the time, Ethereum (eth) is only 3.8% lower than the ATH des Krypto-asset, which was on November 10th, 4,878 per unit. The 24-hour block rewards from Ethereum ( btc ) by more than 124%. According to the statistics of The flipping-o'clock , Ethereum orders 50.9% of btc ’s current market capitalization and captures 80% of the trading volume btc today.
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