Key dealers
- Ethereum reached a record daily site trade volume of $ 38 billion.
- Eric Trump publicly expressed optimism about Ethereum’s investment potential.
Ethereum reached a record $ 38 billion in daily spot trade volume, while Bitcoin logged its third highest volume to $ 49 billion, according to David Lawant, research manager at Falconx.
Surprising but for the disc:
ETH hits a high -sound volume of $ 38B yesterday, while BTC notes its third maximum of $ 49B pic.twitter.com/kil8h9vpe6
– David Lawant (@dlawant) February 4, 2025
The increase in trading activity coincided with a volatile price movement for Ethereum, which fell to an intraidal low of $ 2,152 before recovering $ 2,919.
Eric Trump, the son of the current US president, expressed optimism against Ethereum on social media and noted: “In my opinion, it is a good time to add $ ETH. You can thank me later. “
In this context, volume naps for both leading crypto assets are in line with a broader market dynamics.
While Ethereum put a new All-Time High in Spot trading volume, Bitcoin remained under its historical peak.
The diagram, which tracks reliable spot exchange volumes from 2017 to February 2025, illuminates these movements.
Ethereum’s latest over voltage stands out when it exceeds its previous registers, which reflects increased interest from investors and traders.
Bitcoin’s volume, although significant, stayed within familiar intervals, which indicates stable demand rather than a large breakout event.
This divergence emphasizes Ethereum’s growing role in the market as a focus on speculative activity during periods of increased volatility.
In November, Ethereum’s onchain volume rose to $ 7.1 billion in the midst of a market -up, the highest 2024, is driven by significant ETF inflows and an American election result.
Yesterday Eric Trump’s positive bull post at Ethereum coincided with the World Liberty Finance which transferred significant ETH amounts to Coinbase.
