Top-10 Charts from Bitwise: Crypto’s Most Important Trends

Visual data plays a crucial role in cryptocurrency analytics. Charts allow us to quickly identify major trends, spot market shifts, and formulate hypotheses. However, without proper interpretation, any chart remains just a pretty picture.

In Bitwise’s new infographic, each visual element addresses important structural themes such as institutional demand, infrastructure growth, payment system transformation, and macroeconomic interconnections.

Why Bitcoin ETPs Are Buying 2X More Than Miners Can Produce

Bitcoin’s limited emission is already leading to an obvious imbalance between supply and demand today. Institutional investors who gained access to the world’s main crypto asset through spot ETPs are exerting increasingly noticeable pressure on the market. This could serve as a harbinger of significant price movements.

According to Bitwise data, since the launch of U.S. Bitcoin ETPs (Exchange Traded Products based on the first cryptocurrency) in January 2024, funds have acquired 654,277 BTC, while the volume of new supply from mining amounted to only 290,756 BTC. Think about it: demand more than doubled the emission!

Such accelerated liquidity absorption, according to all canons of classical economics, cannot fail to lead to price increases for such an asset. And what do we see? Bitcoin is already at $120,000! 

The Bitwise chart is an excellent illustration of BTC’s scarcity and investment attractiveness under conditions of its programmatically limited supply.

How Bitcoin’s Volatility Dropped 80% (And Why Wall Street Cares)

High volatility has historically limited Bitcoin’s recognition as a reliable asset among institutional investors. However, the gradual reduction in correction sizes is gradually leading it to broader adoption and stability.

This serves as an argument in favor of integrating BTC into more conservative portfolios. For asset managers and financial analysts, this is graphic confirmation that Bitcoin is becoming less speculative and increasingly a systemic element of global markets.

The chart clearly shows how Bitcoin’s 30-day moving average volatility steadily declined from 2013 to 2025 – from extreme values above 250% to less than 50% in recent years. The trend line emphasizes this long-term decline despite short-term spikes.

$34 Trillion in US Debt: The Case for Bitcoin as Digital Gold

The sharp increase in U.S. government debt intensifies concerns about the future of the American dollar’s hegemonic status. For investors, this becomes an incentive to search for assets capable of preserving value under conditions of possible risks to traditional reserve currencies.

Looking at the exponential dynamics of U.S. federal debt, we see how it has grown from less than $1 trillion in the early 1980s to more than $34 trillion by 2025. Particularly sharp acceleration is observed after 2008 and during the 2020-2025 period.

Under these conditions, BTC and other crypto assets are increasingly viewed as potential hedges against dollar devaluation. For institutional players, this trend serves as a macroeconomic background justifying the inclusion of cryptocurrencies in long-term investment strategies.

The Money Printing Chart That Predicts Bitcoin’s Next Move

M2 is an indicator of the amount of money in circulation: cash, deposits, and everything that can be used as a means of payment. When central banks print more money, M2 grows – and this leads to… money inflation.

Why do we need to know and understand this?

The fact is that global M2 growth anticipates BTC price growth. And this is logical: the more rapidly depreciating money appears, the more people want to exchange it for more reliable and promising assets. And Bitcoin’s status as such an asset becomes more obvious each year. BTC is one of the means of protection against fiat currency devaluation.

Real Estate and Bonds Move On-Chain: $25B Tokenization Boom

The idea that real estate, bonds, and stocks could exist on blockchain seemed futuristic until recently. Today it’s a fact: real world asset (RWA) tokenization is rapidly gaining momentum.

The Bitwise chart shows: since early 2020, the value of tokenized assets has grown from zero to more than $25 billion. Especially rapidly in 2024-2025. Bonds and private credit make up the main share, but other segments are also growing.

This trend signals the digital transformation of traditional markets. If blockchain was previously a “toy for crypto,” now it’s infrastructure for other traditional segments.

Digital Dollars That Never Sleep: Stablecoins Hit $250B Market Cap

Stablecoins are digital dollars that work 24/7 without needing any intermediaries. Their role in the crypto economy and cross-border settlements is rapidly growing.

Bitwise charts show:

• Double growth in aggregate capitalization (from ~$125 billion to more than $250 billion) over two years
• Sharp increase in transaction activity, reaching nearly $8 trillion per year. The main volume comes from USDT and USDC, but other tokens are also growing.

A new payment infrastructure is forming before our eyes. Stablecoins are ceasing to be niche instruments, becoming the digital layer of global finance.

Crypto Just Beat Visa: $13T in Stablecoin Payments

Previously, it seemed impossible for cryptocurrencies to compete with major payment systems. But the numbers say otherwise: stablecoins are already surpassing real giants in money transfer volumes.

In 2024, stablecoin transaction volume exceeded $13 trillion, surpassing Visa’s similar indicator. Even in Q1 2025, despite the decline, crypto-dollars confidently stayed ahead.

This shift means not just the growth of the crypto market as such, but the emergence of a new, decentralized financial reality. Business, fintech, and regulators should consider this when planning future strategies.

Stablecoin Companies Now Hold More US Debt Than Germany

Until recently, the main buyers of U.S. Treasury bonds were states: Japan, China, Great Britain. Today, a new force has joined this list – stablecoin issuers who use American government debt as collateral.

According to Bitwise data, the aggregate volume of U.S. Treasuries on the balance sheets of the four largest stablecoin issuers exceeded the similar indicator of countries like Germany, Saudi Arabia, and South Korea.

For investors, this confirms the institutional significance of the stablecoin sector: they are no longer just a “wrapper for dollar liquidity,” but major financial players with macroeconomic influence.

Blockchain Fees Drop to $0.001: The Micropayment Revolution

Once, blockchain fees exceeded the transfer amount itself. Today it’s the opposite: transactions for fractions of a cent have become the standard for Layer-2 solutions.

The Bitwise chart shows that median fees in second-layer blockchains (Layer 2) such as Optimism, Starknet, and Base range from $0.001 to $0.003.

For developers and users, this opens the path to mass applications: micropayments, games, subscriptions, and automation become economically justified.

BlackRock, JPMorgan, Goldman Sachs: Wall Street’s Crypto Takeover

Cryptocurrencies were long perceived by banks as a threat. Today, it’s infrastructure they actively integrate into. From trading and custodial services to asset tokenization – participation by major players has become the norm.

Bitwise data shows: the overwhelming majority of leading financial institutions (including BlackRock, JPMorgan Chase, Fidelity, and Goldman Sachs) have already implemented at least one direction of crypto services. Some, like Citi or HSBC, cover several segments at once – from trading to tokenization.

This is an excellent indicator of industry maturity. The crypto industry is no longer magic: it’s a systemic part of the global financial ecosystem.

Data Without Action Is Just Pretty Pictures 

The true value of visual data is revealed when we connect it with real decisions: investment, strategic, technological.

Analyzing such charts means looking for signals among noise: where is market structure changing? How are institutions behaving? Where is infrastructure moving and what does this mean for individual participants?

For an analyst, investor, or developer, each of these charts can become a reason for action. The main thing is not just to look, but to try to understand what exactly is displayed on it.