“Overall, 1.0 is an important psychological level,” Dessislava Aubert, senior research analyst at Paris-based Kaiko, told CoinDesk in an email. “If it breaks, it will most likely spur some FX volatility in the short run, spilling into other asset classes, including crypto, and trigger selling of euro-backed assets.”
Related posts
-
Crypto Exec Reveals Why Meme Coins Are The Next ‘Trojan Horse’ For Crypto Adoption
Maartje Bus, Vice President of Research at Messari, a prominent crypto market intelligence company, has declared... -
Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief
Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023,... -
‘Eccentric’ Crypto Laundering Mastermind Dreamed of Being Anointed a Buddhist Goddess
Zhimin Qian, the alleged mastermind behind the cryptocurrency laundering,...