Last week was the first time since April that the market cap of the coins, cryptocurrencies whose value is tied to real-world assets such as gold or national currencies, didnโt drop on a monthly basis, according to the report. While it is still 20% below its peak, this may be a sign that โextreme institutional deleveragingโ appears to have paused for now.
Morgan Stanley Says Tightening in the Crypto Market Has Paused
