Ethereum lags behind Bitcoin and gold, with the ETH/BTC ratio falling 17% YTD.

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	Forwarded this email? Subscribe here for more Bitcoin vs. Ethereum: historical data predicts expanding gap in H2 Ethereum lags behind Bitcoin and gold, with the ETH/BTC ratio falling 17% YTD. Aug 7   READ IN APP   Happy Wednesday! The global crypto market cap is $1.97 trillion, with a 24-hour volume of $94.25 billion. The price of Bitcoin is $56,022.59, and BTC market dominance is 56.2%. The price of Ethereum is $2,394.16, and ETH market dominance is 14.7%. The Crypto Fear & Greed Index is currently Extreme Fear (29). 📰 Top News Bitcoin vs. Ethereum: historical data predicts expanding gap in H2 Ethereum lags behind Bitcoin and gold, with the ETH/BTC ratio falling 17% YTD. 👀 Metric of The Day The SOL/USD to ETH/USD trading pair has reached a new all-time high of 0.0619. Bitcoin’s crash wipes out $5 billion in futures OI but options remain stable Bitcoin futures crumble under margin calls, but options trading volumes hit record highs. Vitalik Buterin believes Ethereum Layer-2 networks are close to solving the interoperability problem Buterin said "people will be surprised" at how soon many of the mainstay challenges will be overcome. BlackRock, Nasdaq submit filing to introduce options for spot Ethereum ETFs The addition of options "will remove impediments to and perfect the mechanism of a free and open market," says the filing. Ad: Cointelegraph and CryptoQuant Research Reveal TRON’s Inelastic Activity, Maintaining Stability TRON's high transaction speeds and cost-effectiveness make it a top choice for everyday transactions, with over 2M daily active wallets and dominance in stablecoin transfers. 📈 Latest Insights Fidelity’s Bitcoin ETF faces 7th consecutive outflow as Ethereum ETFs continue inflows Bitcoin distribution rate slows down, potential shift towards accumulation Top Bitcoin miners boost July production by 10.9%, led by Marathon Digital Ad: Fideum Project Report Integration of traditional finance and the digital asset ecosystem More News Rumors Elon Musk’s X nears payment system launch, battles advertisers in court Analysts believe Bitcoin could benefit from growing recession fears Venture capital injects $527 million into crypto startups in July SEC files motion pushing back against Coinbase’s discovery requests Binance thrives during market downturn with record $2 billion inflows despite India tax probe Latest Market Report Where are all the stablecoins? CryptoSlate's latest market report dives deep into stablecoin distribution across various metrics to see where the $164 billion market cap is located. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe