Post Content
Axelar token falls 15% after Circle deal takes the developer team, leaves AXL behind
Shares:
The cryptocurrency's latest sell-off looks more like a retreat from growth, according to the crypto asset management firm.
Tether's gold-backed token swelled above $2 billion market cap, driven by record prices and surging retail demand, CEO Paolo Ardoino said in an interview.
MicroStrategy is currently up 416%, year-to-date, but it's down almost 40% from its all-time high, which was set on Nov. 21. MicroStrategy's net asset value premium has dropped to 2.09.
The decline in ether contributed to the selling pressure on meme coins, as traders often use ETH as a risk gauge for altcoins.