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Coinbase IPO Propels a Risk-On Market: A Data Perspective by IntoTheBlock | CoinMarketCap

Coinbase IPO Propels a Risk-On Market: A Data Perspective by IntoTheBlock | CoinMarketCap



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  1. tldr; Crypto markets have been roaring towards the $2 trillion total market cap. Risk-taking activity can be observed from the rotation in assets out of Bitcoin and into altcoins, particularly tokens with lower market capitalization. The market share of cryptoassets outside of the top 10 is at its highest since August 2020 towards the end of DeFi summer.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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