The crypto markets experienced a significant decline on late Thursday, with Bitcoin (BTC) plummeting to as low as $25,000 on the Binance cryptocurrency exchange.
CME reported a persistent rise in institutional interest in Bitcoin futures during the quarter, as investors actively sought regulated platforms and products to hedge against escalating market volatility and effectively manage risk and exposure.
According to crypto analysts, investors are moving away from centralized exchange giants and opting for decentralized alternatives to stake their ETH holdings due to regulatory concerns and the desire for greater rewards.
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