Crypto Winter Bleeds Into Summer - Monthly Chartbook

JUL 07, 2022 • 25 Min Read

Jason Pagoulatos + 5 others Teng YanKevin Kelly, CFAJoo KianJayden AndrewDuncan Reucassel Jason Pagoulatos
DISCLOSURES: THE AUTHORS OF THIS REPORT MAY HOLD MATERIAL OPEN POSITIONS IN TOKENS REFERENCED IN THI

The Monthly Chartbook is a collection of interesting charts and trends we’re watching across crypto and markets. This month’s edition focuses on:

  • Macro Outlook – Market Bottoms & Macro Headwinds

  • Crypto Market Review – Market Structure & On-Chain Observations

  • L1s, L2s, & DeFi Analysis

  • NFTs & Gaming Sector Breakdown

Summer Doldrums

Q2 was an absolute bloodbath for crypto markets. BTC finds itself ~70% off of its all-time high, ETH is down 75%, and many smaller crypto assets are down 85-90%. The total crypto market cap down has dropped from $3T to $991M, a drawdown of nearly 67%.

In fact, bitcoin’s nearly 40% dec

Unlock the whole story

Delphi Pro Banner

Delphi Pro is our institutional-grade crypto research and analysis offering, providing full market coverage across deep-dive reports, analysis, data and community.

    Starting at $499 a month**

    Create a free account

    * Team features available on multi-seat purchase.

    ** Based on purchase of annual subscription.

    Jason Pagoulatos + 5 others Teng YanKevin Kelly, CFAJoo KianJayden AndrewDuncan Reucassel Jason Pagoulatos