Market Brief | BTC Has a Larger Trading Volume, While ETH Has a Stronger Price Increase
First, consider two differences between BTC and ETH: at 20:30 Beijing time over the past rolling 24 hours, BTC’s trading volume is about 1.283 billion USDT and ETH’s is about 825 million USDT; however, ETH’s price increase is higher than BTC’s. Today, the two rankings have split: BTC has the larger trading volume, yet its increase is lower than ETH’s. Your focus should be on whether the two metrics continue to diverge—don’t just watch the price-increase leaderboard. Trading volume only reflects trading scale and cannot directly be equated with net inflows. For the next check, verify again the order of magnitude of BTC vs. ETH trading volume, and which one has the higher price increase.
First, consider two differences between BTC and ETH: at 20:30 Beijing time over the past rolling 24 hours, BTC’s trading volume is about 1.283 billion USDT and ETH’s is about 825 million USDT; however, ETH’s price increase is higher than BTC’s. Today, the two rankings have split: BTC has the larger trading volume, yet its increase is lower than ETH’s. Your focus should be on whether the two metrics continue to diverge—don’t just watch the price-increase leaderboard. Trading volume only reflects trading scale and cannot directly be equated with net inflows. For the next check, verify again the order of magnitude of BTC vs. ETH trading volume, and which one has the higher price increase.