Crypto Market Q1 Review: High Returns and High Volatility Coexist, Two Asset Classes See Increases Exceeding 1000%
In Q1 this year, the digital currency market continued the prosperity that began in the second half of last year. According to CoinMarketCap statistics, the total market capitalization of digital currencies surged from $7.7 trillion at the beginning of the quarter to $19.6 trillion at the end of the quarter, an increase of 154.88%. In addition to mainstream assets like BTC and ETH performing well, Q1 also saw impressive performance from multiple concept assets in the digital currency market, such as NFT concept, storage concept, streaming media concept, and social token concept.