Gains in Bitcoin (BTC) appear faint in comparison with Ethereum (ETH) as the latter’s supply diminishes.
What Happened: BTC traded 0.13% at $59,285.22 over 24 hours at press time while ETH was up 4.08% at $1,925.03.
Over a seven-day trailing period, ETH has surged 21.92%, while BTC has moved up 12.77%.
CryptoQuant data indicates ETH reserves held in all wallets fell to 19.53 million as of March 31 as prices soared over $1,921.
ETH Held In All Exchange Wallets — Data From CryptoQuant.com
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