- Binance explores multiple narratives to examine whether the crypto bull market has come.
- The report highlighted that crypto saw an inflow of $870 billion this year, with $596 billion of the value coming on board in Q4 alone.
- Also, it mentioned that stablecoins have recorded the first instance of a positive trend since Q1 2022.
The largest crypto trading platform, Binance, has published a research report examining whether a full-blown crypto bull market is now upon the crypto community. Specifically, the exchange delved into the subject by exploring top crypto-based narratives.
The first point Binance highlighted was the astronomic year-to-date surge in the value of all cryptocurrencies. In particular, Binance mentioned that the crypto market has grown 110% since January, marking a substantial capital addition of over $870 billion. As a result, the overall market is now more than $1.6 trillion.
Moreover, the exchange noted that the last quarter of the year has accounted for the most significant share of the $870 billion capital growth. Specifically, Binance stated the crypto market has experienced a 55% uptick in the fourth quarter alone, amounting to aroun…
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