Crypto market shed $2.1 trillion in value while real usage held steady
- —Market cap nearly halved, losing roughly $2.1 trillion over the year
- —Crypto economic activity slipped only 1.6% to $9.4 trillion
- —Inflows to centralized exchanges fell 4.3% to $8.9 trillion
- —P2P transfers jumped 302.9% to $228.7B; stablecoin transfers rose 77.5% to $220.3B
Why it matters: The data shows real crypto usage is decoupling from prices and expanding in emerging markets, a key signal for long-term market valuation.
Source: BTC-ECHO