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Ethereum On-Chain Metric Suggests Potential for Altcoin Market Rallies, According to Analytics Firm CryptoQuant

Ethereum On-Chain Metric Suggests Potential for Altcoin Market Rallies, According to Analytics Firm CryptoQuant


The Daily Hodl
2024-06-23 00:00:00

An Ethereum (ETH) on-chain metric suggests the altcoin market could be primed for a price surge, according to the digital asset analytics firm CryptoQuant. The firm says on the social media platform X that Ethereum’s Market Value to Realized Value (MVRV) indicator is rising faster than Bitcoin’s (BTC) MVRV. “This suggests that ETH’s market is The post Ethereum On-Chain Metric Suggests Potential for Altcoin Market Rallies, According to Analytics Firm CryptoQuant appeared first on The Daily Hodl .


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