Ether and Solana fell almost twice as far as Bitcoin on Tuesday, while spot trading picked up across all three.
On Binance’s USDT spot pairs, November 10 closed with BTC down 2.09%, ETH down 3.84% and SOL down 3.91% from Monday’s close. SOL had the largest increase in traded value, up 13.3% from Monday, compared with 8.0% for ETH and 3.9% for BTC.
That puts Solana at the weak end of this three-coin comparison on price, and at the strong end on trading activity. Higher turnover tells us more changed hands; it doesn’t tell us that money flowed into the coin.
The chart compares completed November 9 and 10 UTC sessions using Binance spot daily candles. Turnover is each pair’s daily USDT traded value. November 11 trading is excluded.
#Bitcoin #Ethereum #Solana
On Binance’s USDT spot pairs, November 10 closed with BTC down 2.09%, ETH down 3.84% and SOL down 3.91% from Monday’s close. SOL had the largest increase in traded value, up 13.3% from Monday, compared with 8.0% for ETH and 3.9% for BTC.
That puts Solana at the weak end of this three-coin comparison on price, and at the strong end on trading activity. Higher turnover tells us more changed hands; it doesn’t tell us that money flowed into the coin.
The chart compares completed November 9 and 10 UTC sessions using Binance spot daily candles. Turnover is each pair’s daily USDT traded value. November 11 trading is excluded.
#Bitcoin #Ethereum #Solana
