Crypto

Crypto Has A Good Week

Yo dawg we heard you like Terra so we used some Bitcoin to back up your Eth which made your DOGE more valuable.
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Crypto Has A Good Week

Geopolitical tensions, Institutional adoption, and non-transitory inflation contribute to several things in the world right now. Those things have been primarily bummers. An upward trend in cryptocurrency valuation is a harmonious note in an otherwise dissonant symphony.  

Stop all the poetry; tell us about the numbers. 

  • Bitcoin is up 8.78% from Friday.
  • Ether is up 10.78% in the same time.
  • Cardona is up 7.66% 

The surge may represent the beginning of decoupling between equities and crypto. Cryptos are volatile, but as companies seek to offer more stablecoins, highly valued cryptos, like bitcoin, provide a volatility-reducing reserve. As more companies like Terra use bitcoin to stabilize their currency, bitcoin's value goes up.

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