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Monitoring the Currents of the Crypto Market

From coinmetrics.substack.com

The digital asset market is experiencing a surge in activity as we kick off the new year. Bitcoin is up 36% in January rising to $22,500, its highest level since last summer. This growth may seem surprising amidst the backdrop of economic uncertainty, including large-scale layoffs in tech giants and persistent macro risks. Nonetheless, this presents a unique opportunity to scout the trends in relative performance and track key market indicators to track the development of the market in upcoming months. The digital asset market has seen a remarkable rebound, as evidenced by the performance of the various indices ... (full story)

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  • Category: Fundamental Analysis