The recent H1 2023 report released by CoinMarketCap (CMC) provides valuable insights into the cryptocurrency market’s performance and key trends during the second quarter of the year. The report highlights several noteworthy findings that shed light on the industry’s recent developments.
Cryptocurrencies were worth $1.17 trillion in the second quarter, up 48% year-to-date. Q2’s market value was almost identical to Q1’s, making it seem like an unsuccessful quarter in crypto.
In Q1, the bitcoin price doubled, L2s like Arbitrum and ZK grew, and product improvements and Blur’s token issuance boosted the NFT market. However, Q2 did not deliver revolutionary advancements. Instead, Q2 had “memecoin season” and BRC20 tokens, which were noticeable but not as enthusiastic as the previous quarter. Key highlights include:
Total Spot Trade Volume of the Top 20 Cryptocurrency Exchanges: The CMC Crypto Fear and Greed Index increased from 30 (Fear) to 52 (Neutral) at the end of the first
We współpracy z: https://thenewscrypto.com/coinmarketcap-releases-intriguing-h1-2023-report-on-crypto-market/
