PANews reported on July 24 that CryptoQuant posted on the X platform: "For the first time in more than a year: Ethereum spot trading volume exceeds Bitcoin. Last week, Ethereum spot trading volume reached US$25.7 billion, while Bitcoin spot trading volume was US$24.4 billion, making the ETH/BTC spot trading volume ratio exceed 1 for the first time since June 2024. Investors are turning their funds to Ethereum and various altcoins."
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