Bitcoin's market share increased 5.4% in the 2nd quarter of 2023. BinanceResearch's latest report highlights the impacts of traditional institutions applying for spot Bitcoin ETFs in the crypto market. More insights here ➡️
Market Pulse is a compilation of key charts and insights by Binance Research, shedding light on the state of crypto.
Layer 1s: Blockchain activity bounced back in Q2. From a price perspective, Bitcoin had a great quarter, while Avalanche outperformed in daily transactions and unique addresses. NFTs: NFT sales fell 23% QoQ in Q2, which was in tandem with the declining price performance , as measured by the NFT-500 index.
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