From NASDAQ:

Crypto market has surged 35% this year, nearing its all-time high of $2.8 trillion in 2021. Despite concerns of a potential slowdown, data suggests the bull market is not yet over, with room for further growth. Bitcoin’s MVRV indicator at 2.3 shows market is far from a peak.

Coinbase trading volume is currently at $154 billion, well below 2021’s $548 billion in Q4, indicating market still has room to grow. DeFi economy’s value at $85 billion, below its $175 billion ATH, suggests potential for surpassing previous records as market progresses.

Consider investing in the best stocks identified by The Motley Fool, which have a high potential for returns. Bitcoin, Coinbase Global, and Ethereum positions held by author RJ Fulton and recommended by The Motley Fool. The views expressed are those of the author and not of Nasdaq, Inc.



Read more at NASDAQ: 3 Charts That Show How the Crypto Bull Market Is Just Getting Started