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BTC, ETH, MATIC, ETC- analyzing ‘good, bad’ sign of crypto market

In its newly published July mid-month report, Santiment, an analytics firm found that many crypto assets have posted gains in the last 30 days.
According to the report, crypto assets like Polygon (MATIC), Quant (QNT), Curve (CRV), and Arweave (AR) have doubled their market capitalizations in the last 30 days.
Furthermore, the report highlighted “the good signs and bad signs” as the prices of cryptocurrencies remain unstable.
MakerDAO is averse to taking new debtsAnother “good” of the bear market, according to Santiment, was that as a result of fears of potential liquidation, MakerDAO debt levels have consistently dropped amid the bear run.
Santiment stated that BTC’s 30-day MVRV jumped by over 9.5% when preparing the report.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.

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