Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals

Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals
The market is facing severe volatility as the two main assets, Bitcoin (BTC) and Ethereum (ETH), are in crucial accumulation phases. However, Bitcoin has performed better over the past ten days, standing out amid the fluctuations.  Related Reading: Where Is Bitcoin And Ethereum Headed? Analyst Reveals Key Levels to Watch The ETH/BTC chart reveals this shift. At the time of writing, Ethereum’s price in Bitcoin terms was 0.043, its lowest since April 2021. This highlights Bitcoin’s dominance in the current market environment. As prices move and investors seek an edge, critical data reveals a clear preference for Bitcoin over Ethereum in the past months. While the market may appear calm, history shows things can turn on a dime. Therefore, examining on-chain data and fundamentals is vital to anticipate potential shifts. ETF Flows Showing Bitcoin Dominance Traditional investors are showing an increasing preference for Bitcoin over Ethereum, as evidenced by crucial data from Farside Investors, a London-based investment management firm. According to their reports, Spot Bitcoin ETFs have experienced five consecutive inflows, while Ethereum ETFs have ..

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