BTC, ETH On-Chain Analysis: NVT Ratio Supports Market Growth

The NVT ratio supports the price increase in both ETH and BTC, indicating that it is a period of legitimate network growth. NVT calculation The NVT (Network Value to Transaction) […]

The NVT ratio supports the price increase in both ETH and BTC, indicating that it is a period of legitimate network growth. NVT calculation The NVT (Network Value to Transaction) is an indicator that describes the relationship between transfer volume and market capitalization. It is often called the price-to-earnings (PE) ratio of cryptocurrencies. It was