DeFi Was Bullish for Ethereum While Bitcoin’s Volume Decreased In Q3-2020

DeFi Was Bullish for Ethereum While Bitcoin’s Volume Decreased In Q3-2020

Gate Trade News Sunday, October 18, 2020 25 0

By solidifying that decentralized finance (DeFi) was the most notable trend in the crypto community during Q3 2020, eToro’s latest report highlighted it as a significantly bullish case for Ethereum.

 

Cryptocurrency trades have steered clear from Bitcoin trading during Q3 2020, said eToro’s quarterly report. In contrast, the multi-asset brokerage platform revealed that some larger-cap altcoins, such as TRON, EOS, BNB, and Tezos, had experienced double- and even triple-digit trading volume surges.

 

The popular platform published its latest quarterly report earlier this week, examining several crucial developments within the cryptocurrency industry. 

 

Being a trading platform, eToro broached data summarizing traders’ behavior. Interestingly, the most preferred assets for trading worldwide were alternative coins such as TRON, EOS, and NEO.