When Black Gold Bleeds Red: How the 2023 Oil Spike Exposes Crypto’s Last True Value Proposition
On July 22, 2023, WTI crude surged 4.2% to $87.77, Brent followed at $91.50....
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On July 22, 2023, WTI crude surged 4.2% to $87.77, Brent followed at $91.50....
Fear
Market Sentiment
Block reward halving event
Team and early investor shares released
92 million ARB released
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
Improves data availability sampling efficiency
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$62,548.5 |
| 1 |
Ethereum
ETH
|
$1,853.22 |
| 1 |
Solana
SOL
|
$71.57 |
| 1 |
BNB Chain
BNB
|
$576.3 |
| 1 |
XRP Ledger
XRP
|
$1.06 |
| 1 |
Dogecoin
DOGE
|
$0.0693 |
| 1 |
Cardano
ADA
|
$0.1728 |
| 1 |
Avalanche
AVAX
|
$6.28 |
| 1 |
Polkadot
DOT
|
$0.7726 |
| 1 |
Chainlink
LINK
|
$8.02 |