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Crypto’s changing dynamics: America’s pain is Asia’s gain

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As per an analysis, capital in the crypto market has begun to migrate out of the United States and into rising Asian markets.

China’s comeback could alter the dynamics in the digital assets market considerably.was the latest attack launched by regulators on crypto participants in the U.S., casting serious concerns about the future of digital assets in the world’s largest financial market.The hardline approach of the agencies has reflected on the overall sentiment. According to on-chain analytics firmU.S. losing sheen?

Notably, the divergence in BTC supply change based on geography has widened since the beginning of 2023, with Korean exchanges, in particular, arriving prominently on the scene.

 

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