Bitcoin's order book just collapsed while Ethereum hit record staking demand.

Bitcoin’s order book just collapsed while Ethereum hit record staking demand

Altcoins, Bitcoin, Blockchain, China, Cryptocurrency, DEX, ETF, ETH, Ethereum, Markets, Social Media, Stable coin, Stablecoin, Stocks, Tokenization, XRP /

ETH staking deposits reached 581,000 coins and the exit queue hit 1 million ETH ($46.7 billion). Institutions are rotating from Bitcoin into yield-generating Ethereum at record pace. Meanwhile, crypto’s 0.71 correlation with the S&P 500 shows it’s following traditional markets more than ever. The market rose 0.72% today but Bitcoin’s foundation is showing serious cracks while Ethereum […]

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