Over the past week, Bitcoin (BTC) price action has been sluggish. However, it has now moved above the $40K mark, indicating a potential recovery path. Ethereum (ETH) also clocked significant losses over the week but has now managed to neutralize its position.
On Saturday, Bitcoin’s price stood at a level close to $42,200, marking a daily increase of 1% as per CoinGlass data. The trading volume in crypto derivatives dropped significantly, down 55% to $21.50 billion. Despite this, Bitcoin’s total market value stayed at $828.78 billion, with open interest (OI) for Bitcoin reported at $17.98 billion. 24-hour liquidations surpassed $13.37 million, indicating sell pressure.
In comparison, Ethereum was priced close to $2,280, with a modest daily increase. The amount traded fell by nearly 50% to $8.44 billion, while its total market value was $275.03 billion. Ethereum’s OI stood at $7.79 billion, with liquidations totaling $4.35 million.
BTC vs ETH: Key metrics analysis
IntoTheBloc
We współpracy z: https://coingape.com/bitcoin-vs-ethereum-numbers-explain-which-has-higher-growth-potential/
