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Welcome to the Data Debrief! Bitcoin is on an absolute tear, currently trading at 9-month highs and up 30% in the past seven days. The rally kicked off after the USDC turmoil subsided, and continued throughout the week despite ongoing stress in the banking sector and uncertainty around this week's Fed meeting. Today we explore:
- Crypto trade volume vs. order book liquidity
- Stablecoin dominance amid fiat banking uncertainty
- Bitcoin's falling correlation with equities
Also, check-out our op-ed in Coindesk about how the U.S. banking cut-off presents opportunities in Europe.
Click here for full details.
