Ethereum's spot and futures volumes are rising faster relative to Bitcoin's

Quick Take

  • Bitcoin’s market cap is still about five times higher than Ethereum’s but Ethereum’s volume is rising faster relative to Bitcoin’s
  • Bitcoin’s spot traded volume is currently twice as high as Ethereum’s
  • Bitcoin’s futures volume is a little more than three times as high as Ethereum’s
With the recent hype surrounding various Open Finance protocols, ETH/BTC price ratio is up 112% since September 2019; from 0.0162 BTC to 0.0343 BTC. However, ETH/BTC is still down 78% from its all-time high of ~0.155 BTC in June 2017. Bitcoin’s market cap is still about 4.8 times higher than Ethereum’s. One interesting indicator, which […]

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