BTC’s relative share of spot trading volume across some of the largest crypto assets is lower now than it was at times earlier in the year. The chart below breaks down the daily spot trading volume on Coinbase by base asset and shows that newer listings such as Solana (SOL), Cardano (ADA), and Shiba Inu (SHIB) have captured significant shares of daily volume.
ETH’s share of total volume has also grown as DeFi and NFT adoption have ramped up. However, BTC’s share has been increasing over the last few weeks, perhaps signaling that retail traders are returning to the BTC market.
ETH’s share of total volume has also grown as DeFi and NFT adoption have ramped up. However, BTC’s share has been increasing over the last few weeks, perhaps signaling that retail traders are returning to the BTC market.
#MOVRUSDT
Seems a bullish flag on MOVR and more profit to come over if we break the pattern to upward.
Seems a bullish flag on MOVR and more profit to come over if we break the pattern to upward.
#BTCDOMINANCE
Bitcoin dominance forming a double bottom and being oversold. Bitcoin will come back later, after a full Altcoin season.
Bitcoin dominance forming a double bottom and being oversold. Bitcoin will come back later, after a full Altcoin season.
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