In this week's Crypto Long & Short, Nonco’s Caue Teixeira makes the case that regardless of which coin ultimately wins, infrastructure is the prevailing currency in digital assets. Then, using CoinDesk's liquidation feed, Liquibit Capital's Alen Pavlović finds that June's forced selling peaked near $68,000, days before bitcoin actually bottomed.
Nonco's Caue Teixeira argues that infrastructure is the dominant currency in digital assets, regardless of individual coin performance. Separately, Liquibit Capital's Alen Pavlović observed that forced selling of Bitcoin peaked around $68,000 in June, preceding Bitcoin's actual…
Market Samachar is a news aggregator. This article was originally published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Tap the button above to read the full story on their site.