Tag: turmoil

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Commodity-Backed Cryptocurrencies Hit 5-Year Minting Record Over Gold Trade Turmoil

Commodity-backed cryptocurrencies, which are dominated by gold-backed tokens, have seen a historic surge in issuance this week, with minting volumes hitting their highest...

Bitcoin’s dip below $80k and crypto market turmoil as $1 trillion in unrealized profit vanishes

Bitcoin has plunged below $80,000, marking its lowest point since November 2024, as the broader crypto market experiences a significant downturn.The ongoing sell-off...