October'24 Markets Recap

InstitutionalNovember 3, 2024, 10:44PM EST
October'24 Markets Recap
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Total adjusted on-chain volume, a proxy for economic throughput, saw an increase of 28.1% to $420 billion in October. Overall, Bitcoin's on-chain volume increased by 32.1% to $280 billion, while Ethereum's on-chain volume increased by 20.9% to $140 billion.

In October, Bitcoin's on-chain volume was 2 times higher than Ethereum's.

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