The percentage of TVL in Layer 2 bridges continued to tick upward in February, rising from about 49.5% to 53.4% and highlighting the progressive shift in TVL from L1 bridges to L2s that has been occurring since the beginning of 2022.
The relationship between Bitcoin and the U.S Dollar used to be inversely correlated, but in the last month, this negative correlation has diminished significantly due to a broader market rally.