Ethereum is not only a payment system, but also a base for the affordable implementation of blockchain technology. Ether is a cryptocurrency of the platform and is second only to Bitcoin in terms of market capitalization. The possibilities of using Ethereum as a community-driven technology are constantly growing because everything that can be owned can be presented, sold and used as non-interchangeable tokens.

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📊 #BTC #ETH CQ: Exchange net-spread (stablecoin netflow − BTC+ETH netflow) remains in positive territory: the 30DMA stands at +$1B, above its long-term baseline. 

This indicates a dominance of net cash (stablecoin) inflows and/or net BTC and ETH withdrawals from exchanges and as a result, overall selling pressure continues to ease.