📉Crypto Markets Pull Back After Multi-Month Rally
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The crypto markets have produced a significant pullback following an impressive multi-month rally, with the combined crypto market cap slumping 7% since Sunday's local high. The bearish market action comes in spite of the SEC reporting a fresh round of meetings with prospective spot Bitcoin ETF issuers.
Plus, Starknet announced it will distribute $3.5M in accrued transaction fees to developers, and Coinbase is the latest DLT firm to launch operations in Abu Dhabi.
✍️ In today’s newsletter:
- Profit-taking drives digital asset downturn
- Crypto assets crash despite SEC meetings with ETF applicants
- Starknet to distribute trading fees to developers
- Coinbase's Project Diamond joins Abu Dhabi sandbox
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