The recent decline in the value of Bitcoin resembles the drop seen in the period between 2017 and 2018. This observation is stated in a report from Delphi Digital.
The dominance of USDC on Coinbase has quickly diminished following the listing of Tether's USDT. To put it into perspective, USDC accounted for roughly 2% of Binance's share when the exchange made the decision to delist it.
Investors poured $76 million into digital asset investment products last week, marking the fourth straight week of inflows and bringing the year-to-date total to $230 million. This signals a shift in investor sentiment at the start of 2023.