Crypto News

On BTC, ETH and USDT account for 90% of trading volume

The cryptocurrency market has become much more centralized than ever before. Such a conclusion can be drawn from the data platform Messari.

Research Analytics project of Wilson Uisiana, the actual market volume is concentrated only on three digital assets: bitcoin (PTS), Ethereum (ETH) and the token USDT from the Tether. Today, these three digital asset accounts for 90% of the trading volume.

On BTC, ETH and USDT account for 90% of trading volume

Increasing activity on cryptomeria looks promising for BTC, ETH, and USDT, but the future of other coins it is difficult to predict.

The analyst said:

The bullish rally is stimulating widespread interest in new networks. Uncertainty causes the opposite effect.

Source:

forknews.io

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