The trading volume appears to have increased sharply. As of 10 a.m. on the 5th, the domestic Bitcoin price based on Bithumb rose 1.05% from the same time the previous day to 155,262,000 won (approximately 16.52 million won).
At the same time, the overseas Bitcoin price based on CoinMarketCap was up 0.83% from the same time the previous day to $110,812 (approximately 16.42 million yen).
Ethereum, the second largest crypto asset by market capitalization, was down 3.02% from the previous day to 43,000 dollars on CoinMarketCap at the same time.
It is currently trading at $31. According to The Block on the 4th (local time), the volume of Ethereum spot trading on centralized exchanges (CEX) worldwide last month surpassed that of Bitcoin.
This is the first time in seven years that Ethereum spot trading volume has exceeded Bitcoin trading volume. Last month, Ethereum spot trading volume was approximately $480 billion (approximately 71 trillion yen), while Bitcoin was approximately $401 billion (approximately 71 trillion yen).
This is thought to be due to a sudden increase in investment demand for Ethereum after the stablecoin-related law "GINERIS Act" was passed in the United States in July last year.
This was driven by the positive outlook that Ethereum, which accounts for roughly half of the world's stablecoins, would benefit from the incorporation of stablecoins into the system.
As a result, Ethereum hit its highest price in about four years last month.
Bitcoin spot exchange-traded fund (ETF) records net inflows for second consecutive trading day
On the 3rd of last month (local time), a total of $300 million flowed into the Bitcoin spot ETF. On the same day, a total of $38.2 million flowed out of the Ethereum spot ETF, the third consecutive business day.
The company recorded a net outflow in the second quarter.
2025/09/05 14:05 KST
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