Bitcoin Tops Performance Charts Again: Glassnode & Coinbase Report Highlights Crypto Gains
April 17, 2024Bitcoin has consistently outperformed other assets, with a 124% annualized return from 2013 to 2023.
Cryptocurrency market capitalization surged by 63% in Q1 2024, partly due to the approval of Bitcoin ETFs.
Ethereum's growth is attributed to network upgrades and the burgeoning DeFi sector.
Both Bitcoin and Ethereum derivatives markets have seen substantial growth.
Anticipated events such as the Bitcoin Halving and potential SEC approval of Ether ETFs could further stimulate market activity.
The significance of Bitcoin and Ethereum as institutional investments will be a focus at the upcoming Benzinga digital assets event.
Summary based on 2 sources
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Sources
Benzinga • Apr 16, 2024
Bitcoin And Ethereum Take Center Stage According To Coinbase Q2 Crypto Market GuideBenzinga • Apr 16, 2024
Bitcoin And Ethereum Take Center Stage According To Coinbase Q2 Crypto Market Guide