The past year in the digital asset market has been characterized by a series of negative shocks, triggered initially by the“Leverage, volatility and interest have faded as investors battle with declining prices,” analysts led by Joseph Ayoub wrote. “Retail interest has broadly diminished as prices have declined,” and this has “coincided with a more general decline in volatility.”
Against a broader macro backdrop of inflation concerns, rising interest rates and tightening financial conditions, total crypto market cap has declined by about 61% compared to an 18% drop for the S&P 500 index, the report added.
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Citi willcanny99 The fall of FTX and many other CEX this year has increased the demand for CryptoRegulations and DeFi.
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Citi willcanny99 Finally, some sense!
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