According to IntoTheBlock, during the recent bear market, the share of profit holders fell to a low of 46%, and after the 2017 cycle, it fell to just 3%. This comparison shows that the current cycle of Ethereum has shown greater resilience, with many holders remaining profitable even during economic downturns, reflecting greater confidence in the long-term value of ETH. During 2019/2020, ETH's earnings address fell below 10% at one point. While a similar scenario could cause the bear market to r...
Japanese stocks rallied strongly on Tuesday after plunging into a bear market on Monday. The Nikkei 225 and Topix rallied nearly 10 percent, their biggest gains since October 2008. Exporters such as technology companies and automakers surged after the yen fell about 1 percent against the dollar. The sharp volatility in the stock market triggered the circuit breaker mechanism of Nikkei futures, while the implied volatility of the index also fell from its highest level since 2008. Hideyuki Ishigur...
The Nikkei 225 index has entered a bear market, falling 21% since its July high.
NFT sales fell 45% in the second quarter of 2024, in line with Bitcoin's bear market trend. Data from CryptoSlam reveals that NFT sales fell to $2.24 billion, the lowest level since Q3 2023. This sharp decline contrasts with $4.10 billion sales in Quarter 1 2024, when sales continued the growth trend of $2.90 billion in Q4 2023. June 2024 also saw a significant decrease, with the average NFT sales value falling by 59% compared to March. This month is also expected to record the lowest NFT transa...