Is HODL Still the Main Theme in Current Markets?
Abstract: This week, on-chain transaction volume and fees both reached all-time highs. On-chain data for both Bitcoin and Ethereum show that as cryptocurrency trading becomes more 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 as fiat currency.