Quarterly Outlook
Macro outlook: Trump 2.0: Can the US have its cake and eat it, too?
John J. Hardy
Global Head of Macro Strategy
Cryptocurrency analyst, Saxo Bank
This week the entire crypto market cap rose 4% to over $340 billion. Ethereum outperformed the market rising 6.5% over the week. Meanwhile, Bitcoin traded 1% higher, with its market cap sitting at $130 billion, or 38% of the total crypto market cap.
Bitcoin trading volumes have remained flat while Ethereum’s have increased over the last three months.