For the week from December 17 to December 23, weekly Bitcoin trading volumes (BTC) were $ 46 billion, while for Ethereum (ETH) the same figure was $ 18.5 billion. Last time at higher levels trading was in May, seven months ago, The Block notes.
At the end of November, the total trading volume of Bitcoin exceeded $ 2 trillion, and by the end of the year this figure is expected to grow to $ 2.2 trillion. The overall growth in the trading volume of the first cryptocurrency was 153% higher than in 2017, when this figure was $ 870 billion.
With a score of more than $ 800 billion, Ethereum (ETH) is the second most traded cryptocurrency, and accounts for about 37% of bitcoin trading. As can be seen in the table below, the levels of BTC and ETH are still significantly correlated.
Weekly Volume ETH and BTC (2018)
As of 13:00 UTC on Wednesday, December 26, the weighted average rate of Bitcoin was $ 3,812, the trading volume for the last 24 hours was $ 5.451 billion. At the same time, the broadcast cost $ 130.40 with daily volumes of $ 2.976 billion.