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Crypto Public Companies Outperformed Crypto Assets | Crypto Daily Digest July. 17

Crypto Public Companies Outperformed Crypto Assets | Crypto Daily Digest July. 17

TokenInsightTokenInsight2023/07/17 14:26
By:TI Research

Crypto related listed companes' stocks have vastly outperformed major crypto assets year to date.

Although major crypto assets such as Bitcoin and Ethereum have generated impressive year-to-date returns of over 60%, crypto-related companies like Michael Saylor's MicroStrategy, Coinbase, and several mining firms have outperformed them by a significant margin. Year-to-date, most of these companies have seen their stock prices surge by 200% to over 400%.

The surge in the stock prices of these publicly traded companies indicates a sustained interest in crypto investments from equity market participants and institutional investors, who are often unable to invest directly in crypto assets.

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What's New from TokenInsight?

Bitcoin has been fluctuating around $30,000 for an entire quarter. Has the crypto industry been stagnant due to regulatory concerns? Perhaps we can find the answer from the data of exchanges.

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: TokenInsight released Crypto Investment Products Report July 2023, aiming to help users know about the current landscape of crypto investment products and the potential risks.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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