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US Credit Downgrade Hits—Bitcoin Pumps Anyway

The Breakdown

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Cryptocurrency Market Movements and Institutional Reactions

This chapter examines the evolving stance of major financial firms towards cryptocurrency investments, focusing on Ibit's fluctuations in holdings. It also highlights the minor repercussions of the Coinbase hack on Wall Street's view of the firm and celebrates Galaxy Digital's uplisting to the Nasdaq, illustrating the crypto sector's ongoing resilience and growth potential.

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