21Shares Monthly Review is Out! Insights and On-chain Metrics from Q1

March was a month packed with macro headwinds.

The systemic contagion risk in the banking sector, instigated by the collapse of the 16th largest lender in the US, sent the crypto market cap in the opposite direction touching $1. 2T in market value.

Even with the regulatory crackdown on Coinbase and Binance in the US, the.