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Where the optimism still lingers for cryptocurrencies | crypto, cryptocurrencies, bitcoin, decentralised finance, digital assets, regulation

by Christopher Chu
August 18, 2022
in Finance
Reading Time: 1 min read
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The valuations for digital cash topped $3 trillion final 12 months. Bitcoin, the world’s most famed or notorious cryptocurrency, gained practically 70% in 2021, closing the 12 months at round $50,000 per coin. Subsequently, the rally fueled a slew of movie star endorsements, at the same time as costs started to wobble in December.

However the promoting stress intensified because the calendar 12 months turned. Since, markets have returned practically two-thirds of its market worth to round $1 trillion, with Hollywood’s stars falling quiet, a tacit reflection of waning optimism.

But, no matter the place crypto costs are buying and selling, coverage tailwinds proceed to offer ahead momentum. Again in March, the Biden administration signed…


¬ Haymarket Media Restricted. All rights reserved.



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Tags: AssetsBitcoinCryptocryptocurrenciesdecentraliseddigitalfinanceLingersoptimismregulation
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