[Blockchain News] TechFlow brings you the essence of the "Cryptocurrency Market Guide". This quarterly report released by Glassnode and Coinbase analyzes the main developments in the cryptocurrency market in detail. Here are the top ten highlights from the report: 1. Bitcoin dominance rose from 50% to 52%; 2. Cryptocurrencies have very low correlation with traditional asset classes; 3. Stablecoin supply rose by more than 14% in the first quarter; 4. Bitcoin prices have performed strongly after halving, increasing by more than 1,000% after the first halving, more than 200% after the second halving, and more than 600% after the third halving; 5. Bitcoin available supply has dropped to about 4.6 million bitcoins; 6. Bitcoin has historically shown exponential growth in bull markets; 7. Bitcoin has risen by more than 400% in the 17 months since its low; 8. Ethereum has risen by more than 200% in the 17 months since its low; 9. Ethereum supply profitability reveals the cryptocurrency price position in the current market cycle; 10. Ethereum weekly active addresses increased by 26%. 🎉
What do these data reveal to us? What do you think of the cryptocurrency market? Welcome to share your views in the comment area, let's explore the future of the blockchain industry together!