The crypto exchange Bitget has released its Q1 2023 transparency report.
The report is dedicated to the transparency of the exchange’s data, but it also contains a section devoted generically to the state of the crypto markets.
The analysis of the crypto markets
The report calls 2022 “a gloomy year,” when due to several black swans the public had lost most of its expectations of the crypto market.
However, the 2023 data shows a recovery, with, for example, the overall capitalization of this market increased by 48.9% at the end of the first quarter, with the return above the $1 trillion threshold.
Indeed, he points out that even before mid-January, Bloomberg was already back to speaking well of crypto funds, as they were already beating all other ETFs.
Moreover, in the first quarter of 2023 there was the real boom of Blur, or BFT’s marketplace that dethroned OpenSea with a new business model and a round of super launches.
The highest growth was in liquid staking derivativ
We współpracy z: https://en.cryptonomist.ch/2023/05/17/bitget-crypto-winter-over/
