Ethereum’s (ETH) MVRV Surge Signals Potential Altcoin Market Rally: CryptoQuant Analysis

The Ethereum (ETH) on-chain metric points to a possible surge in the altcoin market, as analyzed by the firm CryptoQuant. Notably, Ethereum’s Market Value to Realized Value (MVRV) ratio is increasing at a higher rate compared to Bitcoin’s (BTC) MVRV. “This trend signifies that ETH’s market is gaining momentum. Historically, Ethereum’s rise often signals a

Source: CoinOtag