NUGGETS OF ALPHA
The BTC NVT signal hit a five-year high—everything is different this time!
The five-year HODLd or lost just breached 8 million for the first time
Solana is now the third-largest crypto, excluding the stablecoins
Hong Kong says it is ready to accept spot crypto ETF applications
Bitfinix believes that crypto could surge to 950M users by the end of next year
The total exchange market share for Binance has moved from 65.6% to 43.5%
Dan Ives has updated his Tesla price target to $350 in 2024
This week's recap is about the global adoption of not just Bitcoin but crypto in general.Â
The global crypto market cap is $1.67 trillion, with a 24-hour volume of $48.53 billion.Â
The price of Bitcoin is $43,823.12, and BTC market dominance is 51.5%.Â
The price of Ethereum is $2,294.69, and ETH market dominance is 16.5%.Â
The Crypto Fear & Greed Index is currently Greed (70).
It has been a massive week for crypto. Bitcoin has performed exceptionally well.
BTC +4.33%
ETH +3.43%
BNB +10.64%
The NVT signal suggests that the Bitcoin network value is high compared to the amount of value being transferred on its network.
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