📌 Current situation of the crypto market
1. 🧔 Bitcoin remains the dominant "big brother"
• Bitcoin ($BTC) currently accounts for 63% of the total market capitalization – the highest level since early 2021.
• Total assets in Bitcoin ETF funds have reached $125 billion, indicating that large investors still believe in the long-term future of Bitcoin.
2. 💸 Venture capital (VC) investment flows decline
• Investment flows from venture capital funds into crypto have decreased to levels comparable to the 2017–2018 period.
• This shows that investors are becoming more cautious, making careful selections rather than investing in bulk as before.
3. 📉 COIN50 index and $BTC below the MA200 moving average
• Both the COIN50 index and Bitcoin price have fallen below the MA200 moving average, a technical signal indicating the market may continue to adjust at least until mid-year.
4. 🌞 Solana shines in the market
• Solana's ($SOL) revenue in Q1 2025 has surpassed that of Bitcoin, Ethereum, and other Layer 1/Layer 2 platforms.
• Solana is not just a trend but is also building a real ecosystem and generating significant revenue.
5. 🪙 Stablecoins are quietly but powerfully present
• The supply and on-chain trading volume of stablecoins are at an all-time high.
• Stablecoins serve as the "backbone" of the DeFi ecosystem, particularly important in countries with high inflation like Turkey and Argentina.
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In summary, the current crypto market is quite volatile, but notable opportunities still exist.
🎊 Wishing you and your family a happy holiday!