Last week was the first time since April that the market cap of the coins, cryptocurrencies whose value is tied to real-world assets such as gold or national currencies, didn’t drop on a monthly basis, according to the report. While it is still 20% below its peak, this may be a sign that “extreme institutional deleveraging” appears to have paused for now.
Blockchain Powers Jack Ma’s $8-B Ant Group Energy Asset Strategy
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