1H2021 Digital Asset Observations
Jul 14, 2021
• 6
Min Read
This report recaps the most impactful headlines from the first half of 2021. We then review year-to-date digital asset performance and analyze on-chain data to get a sense of where we are in the crypto market cycle.
Battle of the Headlines
Bitcoin’s Environmental Impact
In the first half of 2021 crypto reentered the mainstream, frequently intersecting with the zeitgeist’s most controversial characters like Elon Musk as well as new ones like Salvadoran President Nayib Bukele. These intersections dominated headlines which in turn influenced the performance of digital assets.
Elon Musk, who has s...