#BTCvsETH # BTC vs ETH Analysis

## Recent Trend

**BTC:**

- Current quote around **117,299 USDT**

- Recent high on July 14 at **123,213 USDT**

- Key support identified at **116,659 USDT**

- Average weekly volume per day of **80,000+ BTC**

**ETH:**

- Current quote near **3,757 USDT**

- Strong rise of 4.27% recorded on July 22

- Recent low on July 19 at **3,478 USDT**

- Average weekly volume per day of **25,000+ ETH**

## Key Events Driving the Market

### Bitcoin

- Massive growth of USDT to $160B in market capitalization

- Integration with layer-2 networks like Rootstock

- 34 times increase in its market capitalization since 2020

- Institutional adoption with 125 listed companies holding 84,700 BTC

### Ethereum

- Total contracts on-chain exceed $52B (July 20)

- Altcoin Season Index rises to 52 indicating capital rotation

- The ETH/BTC ratio increased by more than 56% since April

- Record daily volume close to $106B in perpetual futures

## Strategic Outlook

**Strengths of BTC:**

- Greater relative stability against altcoins

- BTC dominance above 62%

- Consolidated position as an institutional digital asset

**Opportunities for ETH:**

- Development of DeFi ecosystem and tokenization

- Expectations regarding network updates and scalability

- Increased participation in derivatives markets

The relationship between BTC and ETH shows signs of dynamic equilibrium, with Bitcoin maintaining its role as a leading asset while Ethereum gains ground due to its utility in decentralized applications.

The above information has been researched, summarized, and does not constitute investment advice.