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📣 𝗡𝗼𝘁𝗲: 𝗪𝗮𝗹𝗹𝗲𝘁 𝗱𝗶𝘀𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝗻𝗴 𝘄𝗶𝗹𝗹 𝗯𝗲 𝗳𝘂𝗹𝗹𝘆 𝗹𝗼𝗰𝗸𝗲𝗱 𝘀𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟭𝘀𝘁 𝗮𝘀 𝘄𝗲 𝗽𝗿𝗲𝗽𝗮𝗿𝗲 𝗳𝗼𝗿 𝗡𝗙𝗧 𝗺𝗶𝗻𝘁𝗶𝗻𝗴 𝗲𝗮𝗿𝗹𝘆 𝗻𝗲𝘅𝘁 𝗺𝗼𝗻𝘁𝗵.
Crypto values saw a dip in early August, triggered by concerns about the U.S. economic trajectory and instability in broader financial markets.
Ethereum's performance was weaker than expected, possibly due to a high level of open interest in futures and sell-offs from major holders.
Read full details here 👇👇👇
https://t.co/OKN2tm123p
Ethereum has shown a 13% gain this year, which, while below Bitcoin's performance, still surpassed that of most other crypto assets.
Specifically, our Crypto Sectors Market Index (CSMI) — representing the asset class as a whole — is down about 1% on the year.
Excluding Ethereum, the Smart Contract Platforms Crypto Sector Index has declined by approximately 11%, indicating Ethereum’s meaningful outperformance within its sector.
Across the broader Crypto Sectors framework, Ethereum's return falls within the 70-75th percentile year to date.
Read full details here 👇👇👇
https://t.co/Ai1cC2Jy81