Knoqnoq Forum: Everything You Want to Discuss, Most Discussed in India
Search
Reply: 3

Bitcoin surpassed Ethereum in various metrics, including market capitalization.

[Copy link]

286

Threads

1062

Posts

5262

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
5262
Post time 27-12-2023 10:35:24 | Show all posts |Read mode
In 2023, Bitcoin surpassed Ethereum in various metrics, including market capitalization.

In 2023, Bitcoin surpassed Ethereum in several indicators. According to CoinMarketCap data, as of the end of December 2022, Bitcoin's market dominance was 40.1%, while Ethereum's was 18.4%. Currently, Bitcoin's market dominance has surged to 51.5%, while Ethereum's has slightly decreased to 16.6%. Bitcoin's market capitalization is at $856 billion, while Ethereum's market capitalization is $275 billion, making Bitcoin's market cap approximately 3.11 times that of Ethereum. The ETH/BTC exchange rate was 0.073 in December 2022, and as of December 23, 2023, it has dropped to 0.052, a decrease of 27.65%. According to CryptoSlam data, in November 2023, Bitcoin surpassed Ethereum in NFT sales, with Bitcoin's on-chain NFT 30-day sales reaching $761,951,324, compared to Ethereum's on-chain NFT 30-day sales of $387,167,225.
Reply

Use magic Report

166

Threads

500

Posts

4755

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
4755
Post time 27-12-2023 10:50:29 | Show all posts
Bitcoin has always been the number one presence.
Reply

Use magic Report

154

Threads

816

Posts

5169

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
5169
Post time 27-12-2023 10:57:00 | Show all posts
Does surpassing this indicate any conclusions?
Reply

Use magic Report

644

Threads

1631

Posts

110K

Credits

Forum Veteran

Rank: 8Rank: 8

Credits
16313
Post time 27-12-2023 15:31:25 | Show all posts
There's a significant increase in sales volume.
Reply

Use magic Report

You have to log in before you can reply Login | Register

Points Rules

Quick Reply To Top Return to the list