Cryptocurrency Prices: Today, the cryptocurrency market fell by 2.12%, reaching a total market capitalization of $2.11 trillion. This fall coincides with escalating geopolitical tensions between Israel, Iran, and Lebanon as well as NATO member states’ involvement, which has caused a wider worldwide market collapse that has affected the cryptocurrency industry. The Fear & Greed Index, has moved to “Fear” (score of 36), indicating a shift in participants’ heightened caution.
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During a speech at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, former Chinese finance minister Lou Jiwei urged China to closely examine advancements in cryptocurrency. According to Sina Finance’s report of the speech, the ex-minister highlighted the potential risks crypto poses to financial stability, including volatility and their role in money laundering.
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Crypto news
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