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January Recap Report: Market Caps are Finally Blooming, is a Cooldown Looming?

@brianq
1 min read
01.02.2023
TMG
APT
SOL
ETH


What a much needed month for traders and patient hodlers who spent the lion's share of 2022 getting punished for every dip buy effort. Whether Bitcoin's +40% rise was a simple regression to the mean, or a result of Fed hawkishness finally easing, is highly up for debate. But regardless, prices across crypto have finally jumped back to pre-FTX collapse levels:


As we can see, there were a ton of assets that more than doubled their market caps after the majority of altcoins slid 80% or more from April to December of 2022. Solana was the big story for the first half of January before cooling off. But take a look at the incredible ascensions from Aptos and the sudden new arrival into the top 100 market cap assets, T-mac DAO.


With all of the price surges across the crypto

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