Odaily星球日报讯 ETH 与 BTC 市值比率已降至 24.52%，为 2021 年 4 月以来的最低水平，较 2024 年初的 32.7%大幅下降。 这一下降反映了 BTC 在价格表现和机构兴趣方面的主导地位日益增强，尤其是随着投资者继续通过 ETF 产品接受加密货币，突显出市场动态和投资者偏好的持续转变。（The Block）

Odaily星球日报讯 ETH 与 BTC 市值比率已降至 24.52%，为 2021 年 4 月以来的最低水平，较 2024 年初的 32.7%大幅下降。这一下降反映了 BTC 在价格表现和机构兴趣方面的主导地位日益增强，尤其是随着投资者继续通过 ETF 产品接受加密货币，突显出市场动态和投资者偏好的持续转变。（The Block）

ETH与BTC市值比率降至24.52%，为2021年4月以来低点

Odaily Planet Daily Report: The ETH/BTC market cap ratio has dropped to 24.52%, the lowest level since April 2021, down significantly from 32.7% at the beginning of 2024. This decline reflects the growing dominance of BTC in terms of price performance and institutional interest, particularly as investors continue to gain exposure to cryptocurrencies through ETF products, highlighting the ongoing shift in market dynamics and investor preferences. (The Block)

ETH to BTC market capitalization ratio drops to 24.52%, lowest since April 2021

Odaily Planet Daily Report: As Trump's probability of winning in the prediction market has declined after a series of positive poll results for the Democratic Party, even once lower than Vice President Harris' odds on the US regulatory market <Kalshi>, the price of BTC has fallen, and volatility has risen sharply. According to the analysis of <Derive.xyz> (formerly <Lyra>) founder Nick Forster, the forward volatility of BTC and ETH has soared overnight, with BTC's volatility currently at 80.30%, higher than 72.20%, and ETH's volatility currently at 82.92%, higher than 75.40%. "This rise reflects that traders are preparing for the election results, which could significantly impact market prices," Forster predicted that there is a two-thirds chance that election night will lead to significant price fluctuations, "BTC's volatility range is between -8.97% and +9.85%, and ETH's volatility range is slightly larger, between -9.25% and +10.19%." He pointed out that "the total open interest of BTC's call options is 1,179, while the total open interest of put options is 885, which clearly shows that despite the potential volatility, the market is still inclined to be bullish." (The Block)

Analysis: BTC and ETH volatility rises significantly as traders prepare for US election

Odaily Planet Daily Report shows that the current total cryptocurrency market capitalization is $23.57 billion, with a 24H decline of 3.1%. In addition, BTC's market share is 56.9%, and ETH's market share is 12.3%. According to Coinglass data, the network had $213 million in liquidations in the past 24 hours, including $163 million in long liquidations and $50.548 million in short liquidations.

In the past 24 hours, the entire network has liquidated $213 million, mainly long orders, and the total market value of cryptocurrencies has dropped to $2.357 trillion

The monthly trading volume of Ethereum futures increased by 4.8%, reaching $488 billion.