Issue #58

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Market Overview

As of the time of writing (Monday 5pm), the total market cap of the crypto asset market is $US1.07T, down (-1.6%) from last week.

Below is the weekly performance of the top crypto assets. 

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Metric of the Week

Long-term Bitcoin holders, defined as those which passively hold bitcoin for at least 155 days, now control a record 14.599 million BTC, according to data from blockchain analytics firm Glassnode.

The total balance held in these wallets increased by over 40k BTC in the last month, bringing the total supply in long-term holder wallets to over 75% of Bitcoin’s total circulating supply.

Note: whilst Glassnode defines long term holders as 155 days we’d consider these addresses closer to short-to-mid term holders.

Source: Glassnode

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