Possibly behind the equity rally in July and the first half of August was the hope that inflation has peaked and the Federal Reserve would resort to rate cuts next year. That dovish Fed narrative, however, fizzled out in the second half last month, bringing renewed weakness in stocks and cryptocurrencies, with ether tumbling more than 20% from a peak hit on Aug. 14.
Meet the Citizens of Consensus
Last year, the Association for Women in Crypto ran an inclusion survey of 500 people across 200 crypto firms that...