Bitcoin Dominance Continues: BTC’s MVRV Ratio Outpaces ETH for 812 Days
Bitcoin Dominance Continues: BTC’s MVRV Ratio Outpaces ETH for 812 Days
Recent on-chain data reveals that the Bitcoin Market Value to Realized Value (MVRV) ratio has achieved a record streak against Ethereumโs metrics. For an impressive 812 days, Bitcoin has consistently outperformed Ethereum in MVRV, demonstrating its dominance in the cryptocurrency market.
This divergence highlights key investor sentiment and potentially indicates shifting trends in the broader crypto landscape. Analysts remain focused on how this ongoing dominance will shape market conditions and decision-making among traders.