The Great Divergence: Bitcoin's Spot Sickness and Derivative Fever
While the market fixates on Bitcoin's stagnant price, a more telling story is...
Team and early investor shares released
Independent validator client goes live on mainnet
Circulating supply increases by about 2%
Improves data availability sampling efficiency
Block reward reduced to 3.125 BTC
Block reward halving event
92 million ARB released
Raises validator limit and account abstraction
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Fear
Market Sentiment
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$64,404.6 |
| 1 |
Ethereum
ETH
|
$1,874.14 |
| 1 |
Solana
SOL
|
$74.44 |
| 1 |
BNB Chain
BNB
|
$569.4 |
| 1 |
XRP Ledger
XRP
|
$1.1 |
| 1 |
Dogecoin
DOGE
|
$0.0718 |
| 1 |
Cardano
ADA
|
$0.1648 |
| 1 |
Avalanche
AVAX
|
$6.74 |
| 1 |
Polkadot
DOT
|
$0.8160 |
| 1 |
Chainlink
LINK
|
$8.37 |