When Nasdaq Sneezed, L1s Caught a Cold While Bitcoin Wore a Mask: The Messy Flows of a Market in Denial
I remember the exact moment the Oracle earnings hit my terminal. 7:15 PM...
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I remember the exact moment the Oracle earnings hit my terminal. 7:15 PM...
Extreme Fear
Market Sentiment
Team and early investor shares released
Circulating supply increases by about 2%
Block reward halving event
Independent validator client goes live on mainnet
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
92 million ARB released
Raises validator limit and account abstraction
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$66,656.1 |
| 1 |
Ethereum
ETH
|
$1,926.1 |
| 1 |
Solana
SOL
|
$78.01 |
| 1 |
BNB Chain
BNB
|
$575.5 |
| 1 |
XRP Ledger
XRP
|
$1.15 |
| 1 |
Dogecoin
DOGE
|
$0.0732 |
| 1 |
Cardano
ADA
|
$0.1756 |
| 1 |
Avalanche
AVAX
|
$6.61 |
| 1 |
Polkadot
DOT
|
$0.8569 |
| 1 |
Chainlink
LINK
|
$8.68 |