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Bitcoin Hovers Above $28K After ETF Reports Prove False

Altszn.com by Altszn.com
October 16, 2023
in Ethereum
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Bitcoin Hovers Above K After ETF Reports Prove False
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In a note, David Lo, head of financial products at Bybit, wrote that on-chain activity shows bitcoin holdings by long-term investors are reaching record levels, while Ethereum’s gas usage is dropping significantly, leading to faster ether inflation. Bitcoin has increased its dominance – its share of the overall market capitalization of cryptocurrencies – while notching gains relative to ether.

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Read More: www.coindesk.com

Tags: 28KBitcoinETFETHEthereumFalseHoversProvereports
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    • ethereumEthereum (ETH) $ 2,269.46
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.05
    • bnbBNB (BNB) $ 627.09
    • solanaSolana (SOL) $ 133.92
    • usd-coinUSDC (USDC) $ 0.999808
    • tronTRON (TRX) $ 0.272063
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    • staked-etherLido Staked Ether (STETH) $ 2,267.17
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    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 101,480.00
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