Bitcoin up 287,000% since 2011; GBPUSD 11% away from all-time low
BTC is up almost 287,000% against the dollar since 2011
James Van Straten 1 min read Insights
Data-led research on the narratives, flows, and on-chain signals moving crypto markets.
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James Van Straten 1 min read Latest insights
Bitcoin
Second worse drawdown in Bitcoin history in terms of realized cap
Bitcoin (BTC) market cap drawdown hits the fourth worse drawdown in BTC history at 76.9% — establishing a lower low.
Bitcoin
Technical Pricing: 200WMA vs 200DMA approaching key resistance, support levels
200WMA has been a reliable support throughout Bitcoin history
Bitcoin
Bitcoin lightning network capacity breaks all-time high
Lightning capacity has been on a surge since the offset seen during the FTX exchange collapse in November 2022.
Bitcoin
Single whale withdraws over $120M in Bitcoin from crypto exchange Gate.io
Roughly 10k BTC have left exchanges over the weekend.
Macro
Coinbase leads the pack in crypto equities performance YTD
The prominent cryptocurrency exchange Coinbase leads crypto equities performance — with Coinbase stock price up 142% YTD.
Bitcoin
Ethereum continues to underperform while majority of L1s outperform BTC
Ethereum has underperformed by over 4% against BTC in the last 2 weeks
Bitcoin
Significant distribution in the Bitcoin network from all cohorts – similar pattern occurs after bear market bottoms
The Accumulation Trend Score indicator suggests that all BTC cohorts are currently in a state of distribution.
Bitcoin
The Fed made the expected 25bps hike, both gold and Bitcoin surged on the news – highest correlation in 6 months
Bitcoin and Gold now have a 97% correlation in the last 6 months, in light of the expected 25bps Fed interest hike.
Bitcoin
Bitcoin seeing greatest divergence in young vs old supply
This type of behaviour occurs at bear market bottoms
Bitcoin
Bitcoin miner share prices soar in January 2023
Bitcoin miners' shares are starting to see an uptick in 2023 after a tumultuous 2022.
Bitcoin
As Bitcoin rallies after FTX collapse, 25% of supply is held between $15.5k and $23k
Less than 1% of all Bitcoin supply is sitting between price levels of $24,000 and $26,000
Bitcoin
Bitcoin establishes highest monthly returns since October 2021
The second-best January in Bitcoin history.