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 market capitalization of Ethereum is less than 50% away, Bitcoin is approaching-ETH approaches ETH All-time high
eth /USD chart on December 1, 2021 via Bitstamp.

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%.

The market capitalization of Ethereum is less than 50% of it, Turning Bitcoin-ETH approaches all-time high
in the block-onchain metrics that were recorded on December 1, 2021.

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.

The market capitalization of Ethereum is less than 50% away, Turning Bitcoin-ETH is approaching all-time high
The Hashrate of Ethereum on December 1, 2021.

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.

The market capitalization of Ethereum is less than 50% of it, bitcoin, Turning over-ETH approaches all-time high
The Flipping Watch on December 1, 2021.

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.

What do you think of Ethereum's latest market and network performance in the past week? Let us know your opinion on this topic in the comments below.

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