Staying the Course
Dec 2, 2021
• 9
Min Read
Key Takeaways
Bitcoin and wider crypto market stalls on macro uncertainty. We provide insights on why we think the party continues through year-end.Bitcoin volatility is still relatively muted compared to historical measures. The Bitcoin “VIX” is approaching a historically bullish range.Seasonal trends point to a favorable environment for BTC and other strong performing cryptoassets in December.Ethereum is trading at a relatively modest multiple of annualized fees. We focus on a pair of factors driving recent fee growth.We highlight a basket of altcoins that we think present an opportu...