Opening Bell - Issue 37
Research26 November 2024Copper
Prepare for the week with key data points and trends in the digital asset marketplace.
Opening bell | Issue #37 report highlights:
The crypto market doubled to $3.2Tn this year, with Bitcoin contributing $1Tn despite only 200,000 new coins minted—less than half of ETF demand.
Broader market growth, lacking retail FOMO or new use cases, contrasts with Berkshire Hathaway’s $300B in Treasuries yielding 25% more than ETH staking.
While BNB hit records and burned $3Bn, Solana, XRP, and Ethereum grew without new highs, raising questions about fundamentals versus crypto inflation.
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