# 12 Hot Crypto Investing Narratives

*Author: Bankless*
*Published: Mar 8, 2024*
*Source: https://www.bankless.com/read/top-12-crypto-investing-narratives*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/03/Group-621--1--2.png)](https://www.bankless.com/sponsor/synfutures-1709588086?ref=the-2024-bull-run-narrative-glossary&email=true)

  

  12 Hot Crypto Investing Narratives
  

  
  Published on Mar 8, 2024

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  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
  ETH Hits $4,000
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/03/Group-14--51-.png)](https://www.bankless.com/dashboard)- **🌝 ETH cracks $4,000. **Ethereum briefly touched above $4,000 for the first time since 2021, meanwhile BTC pushed to new highs of $70,330.
-  🤠 **Wyoming rolls out DAO law.** WY's governor just signed a new law that helps DAOs achieve status as legal entities in the state, [earning them certain legal protections](https://fortune.com/crypto/2024/03/08/wyoming-dao-a16z-crypto-crypto-blockchain-ooki/).
- 🤔 **Gary gives investing advice.** Gensler is losing the battle against crypto, but [in an interview this week](https://cryptoslate.com/gary-gensler-compares-bitcoins-latest-all-time-high-to-a-roller-coaster-ride/), he tried to frame crypto's massive gains as another weakness.

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
    Crypto's Dream High
  
  

  

 
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/03/image---2024-03-08T152726.660.png)](https://www.bankless.com/crypto-dreams-of-valhalla)📊** Another breakout tease.** Bitcoin yet again battered itself against all-time highs, breaking through the memetic level of $69,420 for the first time ever and ticking $70k before wicking down 4% to $67k within the next two minutes and continuing to bleed out to a low of $66k and rebounding as the day progressed.

While fresh all-time highs remain out of reach for the majority of alts that existed during the peak of last cycle’s bull market, many tokens, including ETH and SOL, achieved new cycle highs today!* ***How has Bitcoin’s rally to new highs and subsequent retreat impacted the broader market?**

*Read on for more market analysis + our favorite chart and tweet of the day *👇

[Unlock Today's Market Analysis](https://www.bankless.com/crypto-dreams-of-valhalla)

Prices as of 4pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.61T
       

  
    
    ↗ 1.7%
    
  

   
    
    ↗ 12.0%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $69,251
       

  
    
    ↗ 2.8%
    
  

   
    
    ↗ 10.9%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,949
       

  
    
    ↗ 1.0%
    
  

   
    
    ↗ 15.0%
    
  

  

.  .  .

 
  
    

    ANALYSIS

  
  
    
   
  The 2024 Crypto Investing Narrative Glossary
  
  
  
   
     
     Bankless Author: 
     
      [
       
       Arjun Chand](https://twitter.com/arjunnchand)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/03/image---2024-03-08T152731.614.png)](https://www.bankless.com/the-2024-bull-run-narrative-glossary)**The bull market is in full swing.**

During such times, when each piece of news can swing prices, projects often get hand-wavy with the use of buzzwords to latch onto a strong narrative.

This Bankless glossary is your **cheat sheet** to cut through the noise and decide if a project truly has substance. We hope it serves as a valuable resource for you as you research and pick your winners for this cycle.

*We break down 12 crypto investing narratives, including:*

- **🤖 Decentralized AI**
- **♻️ Restaking**
- **🔶 Bitcoin L2s**
- **🧱 Modularity**
- **💿 Data Availability**
 **See all 12 narratives** 👇

[Read on Bankless.com](https://www.bankless.com/the-2024-bull-run-narrative-glossary)
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