Summary
TLDR: Internet computer (ICP) and WIF are the best performing cryptocurrencies, while Bitcoin is up 2.1% and Ethereum is up 1.4%. Polygon PoS has more active unique addresses than Ethereum mainnet. Crypto stocks are up, led by Cipher Mining and MicroStrategy. Bitcoin’s correlation with tech stocks has decreased. Coinbase’s correlation with tech stocks has increased. Bitcoin mining stocks are worth $23.46 billion.
Key Points
1. Internet computer (ICP) is the best performing crypto at the top end of the table, gaining 20%.
2. Ondo DAO (ONDO), the governance token for the treasury-focused DeFi protocol Flux Finance, is somewhere in the middle, having gained 13.4% across the past 24 hours and a healthy 86% over the past week.
3. Polygon PoS has eclipsed Ethereum mainnet for monthly active unique addresses for the first time ever — but the latter’s layer-2s are together pulling in even more.