Bitget, a crypto exchange, has released its Q1 2023 transparency report which includes an analysis of the state of the crypto markets. The report highlights a recovery in the market, with an overall capitalization increase of 48.9% at the end of the first quarter, and the return above the $1 trillion threshold.

Bitget also saw growth in all aspects, with its BGB token achieving a gain of 120% and entering TokenInsight's top 4 CEXs. Additionally, the report notes the real boom of Blur, or BFT's marketplace, which dethroned OpenSea with a new business model and a round of super launches.