1/ Are you ready? Because we are sending you back to the past with our 2020 Yearly Crypto Report! ๐Ÿ˜‰

You can scoot over here for the full report: gcko.io/s9kw8v1

Or you can keep on reading this thread for a snippet๐Ÿ‘‡ Image
2/ In 2020, the top-30 crypto market experienced an impressive 308% growth! ๐Ÿ“ˆ

This is likely due to institutional adoptions where #BTC are purchased by the large public listed companies such as @MicroStrategy and @Square Image
3/ #Bitcoin bull run in 2020-2021 seems to be reminiscent of 2016-2017 ๐Ÿ‚

$BTC price surged more than double in the first year against the last cycle.

Whatโ€™s different now? Influx of institutional adoption & positive macro sentiment may be sustaining this surge. Image
4/ In DeFi (coingecko.com/en/defi), we DeFi-nitely saw it soared! ๐Ÿš€

In summer of 2020, DeFi dominance went from 0.9% to 4.6%, while the market cap 12x to $19.6B.

By the EOY, DeFi market cap registered a new ATH at $20.4B! Image
5/ In 2020, CEX and DEX's trading volume increased by $403B (+307%). From those numbers, CEX accounted for 93% ๐Ÿ’ช

Though, DEX is not almost 6% of the CEX's total trading volume! Can the flippening happen this year? ๐Ÿ˜ณ Image
6/ As $BTC (coingecko.com/en/coins/bitcoโ€ฆ) mooned to its new ATH, the top-9 Bitcoin Perpetual Swap Exchange trading volume reached $3.5 trillion (+531%) ending 2020. ๐Ÿš€๐ŸŒ‘

Surprisingly, @HuobiGlobal became a contender to @binance's Bitcoin Perpetual Swap volume dominance. Image
7/ That's a wrap for this sneak peek!

Want full blast to the past with our jam-packed report? Well, get into your DeLorean and fly over here: gcko.io/s9kw8v1

โ€ข โ€ข โ€ข

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More from @coingecko

8 Dec 20
1/ Hello hello! A November to Remember โ€“ November 2020 Monthly Crypto Report is fresh off the press!

Snatch up the full report here: gcko.io/8r9e375

๐Ÿ‘‡ For a snippet, read on๐Ÿ‘‡ Image
2/ ๐Ÿ“ˆ Another yearly high for the crypto market! With $554B, it overtook the previous record $378B.

This shows a growth of 46% in comparison to October's 20%. Image
3/ ๐Ÿ”ฅ #Bitcoin touched its new ATH at $19,725, surpassing its previous record if $19,665.

This was likely bolstered by the positive sentiment towards the crypto market by the mainstream and mass media. Image
Read 7 tweets
3 Sep 20
1/ The month of August was DeFi-nitely a wild ride. With that, we have captured all the market trends of August 2020 to quench your crypto thirst.

Get it here: gcko.io/m7d23z5

Scroll on to have a sneak peek ๐Ÿ‘‡
2/ In August, the top-30 cryptocurrencies market capitalization recorded yet another 2020-high at $343 billion! We saw an increase of 11% in their market capitalization and an 18% gains in their trading volume ๐Ÿ‘€
3/ $BTC market dominance shrank by 4.4% to 61.1% whereas Ethereum gained the largest by 1.7% to 13.9% ๐Ÿ˜ฎ
Read 6 tweets

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