The whole market is worth 2.63 trillion dollars tonight, and Ethereum is quietly outrunning Bitcoin. ๐
CoinGecko data checked at 23:00 PKT on 3 November puts total market capitalisation at 2.63 trillion dollars, with Bitcoin dominance near 59.25 percent and Ethereum near 10.65 percent. Bitcoin trades near 77,607 dollars, up 0.78 percent in 24 hours, while Ethereum trades near 2,295 dollars, up 1.89 percent. ๐ My reading is that Ethereum beating Bitcoin by more than a full percent on a fear day is a small but real sign of risk appetite returning at the edges, because traders do not add Ethereum exposure when they expect another leg down. It is not a trend yet, just one green data point worth watching into the Asian session.
Does Ethereum keep outrunning Bitcoin into tomorrow, or does Bitcoin take the lead back on the next move? ๐ค
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#Crypto #Bitcoin #FuturesTrading #TradingSignals #CryptoMarkets
CoinGecko data checked at 23:00 PKT on 3 November puts total market capitalisation at 2.63 trillion dollars, with Bitcoin dominance near 59.25 percent and Ethereum near 10.65 percent. Bitcoin trades near 77,607 dollars, up 0.78 percent in 24 hours, while Ethereum trades near 2,295 dollars, up 1.89 percent. ๐ My reading is that Ethereum beating Bitcoin by more than a full percent on a fear day is a small but real sign of risk appetite returning at the edges, because traders do not add Ethereum exposure when they expect another leg down. It is not a trend yet, just one green data point worth watching into the Asian session.
Does Ethereum keep outrunning Bitcoin into tomorrow, or does Bitcoin take the lead back on the next move? ๐ค
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #CryptoMarkets
