Is HODL Still the Main Theme of the Current Market?
Abstract: This week, on-chain transaction volume and fees both reached all-time highs. On-chain data for both Bitcoin and Ethereum shows that as cryptocurrency trading becomes increasingly mature and network influence grows, it reinforces the conviction to hold these two assets. Market Overview Bitcoin price rebounded from lows this week, opening at $49,077 and reaching a high of $58,396. Stablecoin growth continues as the largest stablecoin Tether's minting reached a new ATH, with weekly supply increasing by $1.48 billion, adding to the status and demand for cryptocurrency fiat currency.