Ethereum registers higher demand for operations than Bitcoin

Ethereum higher than Bitcoin
  • Ethereum is the most demanded cryptocurrency by traders, followed by Bitcoin.
  • Ethereum has doubled its liquidation compared to Bitcoin.

The second largest cryptocurrency, Ethereum, has seen high demand from traders. Apparently, future updates to the coin have skyrocketed its trades to the point of outperforming Bitcoin trading.

The numbers that both currencies have registered in the last 24 hours confirm the above; Bitcoin liquidated 23.32 million dollars, being surpassed by Ethereum whose liquidation achieved 48 million dollars. Bitcoin is the currency that is most commonly traded, which is why these events are relevant.

As for options contracts, Ethereum shows more open positions than Bitcoin within the market.

According to Coinglass, Ethereum made $8 billion from its options open interest, while Bitcoin came in at $5.4 billion.

  • Ethereum is the most demanded cryptocurrency by traders, followed by Bitcoin.
  • Ethereum has doubled its liquidation compared to Bitcoin.

The second largest cryptocurrency, Ethereum, has seen high demand from traders. Apparently, future updates to the coin have skyrocketed its trades to the point of outperforming Bitcoin trading.

The numbers that both currencies have registered in the last 24 hours confirm the above; Bitcoin liquidated 23.32 million dollars, being surpassed by Ethereum whose liquidation achieved 48 million dollars. Bitcoin is the currency that is most commonly traded, which is why these events are relevant.

As for options contracts, Ethereum shows more open positions than Bitcoin within the market.

According to Coinglass, Ethereum made $8 billion from its options open interest, while Bitcoin came in at $5.4 billion.

  • Ethereum is the most demanded cryptocurrency by traders, followed by Bitcoin.
  • Ethereum has doubled its liquidation compared to Bitcoin.

The second largest cryptocurrency, Ethereum, has seen high demand from traders. Apparently, future updates to the coin have skyrocketed its trades to the point of outperforming Bitcoin trading.

The numbers that both currencies have registered in the last 24 hours confirm the above; Bitcoin liquidated 23.32 million dollars, being surpassed by Ethereum whose liquidation achieved 48 million dollars. Bitcoin is the currency that is most commonly traded, which is why these events are relevant.

As for options contracts, Ethereum shows more open positions than Bitcoin within the market.

According to Coinglass, Ethereum made $8 billion from its options open interest, while Bitcoin came in at $5.4 billion.