The digital trading card game (TCG) craze has quietly been hitting all-time highs, with the first week in August recording more than $10 million in cumulative volume according to Dune Analytics. $9.9 million took place on Collector Crypt, while other marketplaces such as Phygital and Emporium accounted for an additional $240,000.
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According to CoinShares, which published the report, the mixed interpretation of the US central bank's monetary policy direction strongly reflected investor sentiment. Earlier in the week, concerns about the Fed's hard-line stance led to a $2 billion (approximately KRW 2.78 trillion) outflow. However, following Fed Chair Jerome Powell's Jackson Hole speech, a somewhat more lenient outlook spread, leading to a $594 million (approximately KRW 826.7 billion) return. This clearly demonstrates the oscillations in market sentiment between uncertainty and anticipation.
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