CryptoDaily Briefs

Daily Brief Crypto: Crypto Markets Take Center Stage and more

In today’s briefing:

  • Crypto Markets Take Center Stage


Crypto Markets Take Center Stage

By Delphi Digital

  • BTC is up ~140% since its bottom 1yr ago. Prior instances imply BTC is in the early innings of a new bull cycle with most of its expected gains ahead.
  • Market breadth is expanding as we are seeing industry wide participation in recent weeks.
  • Onchain borrowing activity is picking up, as are average lending rates and utilization rates on stablecoins, which are some of the most popular assets to borrow during market uptrends.

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