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 Well! The good news is that Cryptocurrency net redemptions were only five percent in 2022. YellowArmy DeFi Web3
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Citi willcanny99 I agree we need strict regulations to protect the users and the system as well. As there is no doubt that the concept is great and profitable. cryptotrading DeFi HOD NFTs
Citi willcanny99 yes, it's indicating the durability of DeFi protocols. DEX Web3 HOD
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Citi willcanny99 Yeah, DeFi popularity has gone up after the failures of some centralized exchanges. cryptocurrency DigitalAssets
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Citi willcanny99 The fall of FTX and many other CEX this year has increased the demand for CryptoRegulations and DeFi.
Citi willcanny99 The centralized failings in the crypto market this year have made a strong case for decentralization 🌪️. But ultimately, the projects that survive are the ones that succeed 💪.
Citi willcanny99 Finally, some sense!
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