The latest datasets revealed that Ethereum [ETH], the king of altcoins, might outshine Bitcoin [BTC] this week
revealed that after getting rejected from the $70k zone, BTC’s price dropped. At the time of writing, it was trading at $66,491 with a market capitalization of over $1.31 trillion.
The insight also mentioned that investors might consider accumulating Ethereum as it has already gained slight volatility and might witness fluctuations in the coming week. As per our analysis of Santiment’s data, BTC’s Social Dominance remained relatively higher than that of ETH. Both cryptos witnessed an increase in their Supply on Exchanges as well.TC’s Price Volatility 1w increased sharply, while ETH’s Price Volatility dropped. Though this might look negative for Ethereum, the reality might be different.
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