Just a visualization of the change in value of the CAD / USD rate based on the m2 growth rates of each country.
Ethereum is narrative driven. The ICO bubble pumped it up in 2017, it rose massively on the back of the ICO bubble. Then when people realized ICOs were illegal securities, and everyone started to realize that ETH is not money the way Bitcoin is money, they sold continually, down 95%. In 2020 when the DeFi bubble ignited because of the crypto whales putting honey...
The Bitcoin Wars Act 1: 2013/2014 Dread Pirate Roberts Bitcoin vs The US Government Act 2: 2017/2018 The Insider Coup Bitcoin vs Corporations & Miners Act 3: 2021/2022 The Woke Mob & Shill-a-coin Valley Bitcoin vs Cryptocurrency Network Effects Act 4: 202X The Final Boss Bitcoin vs Central Banks -- We are currently in Act III, Bitcoin vs The Woke Mob &...
This is the total cryptocurrency marketcap with wrapped bitcoin and stablecoins removed. (MIM and BUSD marketcap were not available so substituted mcap of AVAX and XLM)