Gold-backed cryptocurrencies like $PAXG and $XAUT have gained in price over the past seven days. It's a contrast to the sharp declines of most cryptos post-FTX_Official.
since the price of bitcoin hit a two-year low at around $15,600, and questions are invariably forming on whether the market bottom is in. The largest cryptocurrency’s price has inched back up to $16,600.
Price charts suggest a, and traders in the Chicago Mercantile Exchange’s bitcoin futures market appear to be piling into a big “short” trade – bets on further price declines. What’s clear from the data over the past two weeks is just how much cryptocurrencies trade in sync when there’s a big market shakeout: Check out this
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