There should be the bear for #Bitcoin till end of the year.

The winter is still.

The total #Bitcoin market Realized Loss peaked at -$1.9B last Friday.

This is the fourth largest daily realized loss in history, ranking behind:

-$2.0B during LUNA collapse
-$2.2B in June 2021 start of bear
-$2.5B in June 2022 sub-$20k

During the chaos of the last few weeks, the #Ethereum market cap briefly fell below the aggregate stablecoin cap, once again.

The Top 4 stablecoins USDT, USDC, BUSD and DAI make up over $138B in total, with the $ETH market cap just 2.8% higher at $142B.

#glassnode

BlockFi has filed for bankruptcy.

https://decrypt.co/115744/crypto-lender-blockfi-files-bankruptcy-ftx-contagion-claims-another

#Bitcoin is approaching resistance again.

To me, it would be a pull back tho.

Since the #Ethereum Merge, the total net coin issuance has been just +2,317 $ETH.

A total of 131,454 $ETH has been issued to PoS validators, whilst 129,137 $ETH has been burned via EIP1559.

#Bitcoin performance each year:

2022: ⬇️ 54%
2021: 🆙 83%
2020: 🆙 305%
2019: 🆙 95%
2018: ⬇️ 74%
2017: 🆙 1,375%
2016: 🆙 120%
2015: 🆙 36%
2014: ⬇️ 58%
2013: 🆙 5,428%
2012: 🆙 218%
2011: 🆙 1,317%

Historically, BTC-USD vs. BTC-USDT trading volume could be considered an indicator of institutional inflows into crypto.

During the 2021 bull market, institutional traders poured funds into crypto markets via U.S. platforms, boosting market share for BTC-USD relative to BTC-USDT. This trend has since reversed.

In this cycle, crypto institutions (market makers, companies, investors) are the dominant type of trader in the market, relative to retail investors being dominant in 2017/18.

Bitcoin is about to face a major resistance in its recover progress.

18k is level to watch as 50day EMA is on the way and the red cloud right there.

ETH/BTC 30-day correlation near all-time highs

rejected by the cloud

The DCG portfolio is in red.

This is tough time. Please note that using risk management strategies is a must.

Bullish BTC dominance from here on out.

Tokens with the highest inflation in 2023.

Stablecoins have settled more than $7 trillion in value, a record-breaking value compared to previous years.

Merry Christmas everyone!

#Bitcoin is still bearish tho

The past 6-9 months have weakened interest in many of the most prominent crypto themes of the last few years