70% Decline In Corporate Crypto Treasury Buying: What’s Going On?
NegativeCryptocurrency

A recent Bloomberg report reveals a dramatic 70% decline in corporate investments in crypto treasuries, with Bitcoin purchases dropping from 64,000 in July to just 12,600 in August. This significant downturn indicates a shift in market sentiment and raises concerns about the future of corporate engagement in the cryptocurrency space. As companies reassess their strategies, this trend could impact the overall stability and growth of the crypto market.
— Curated by the World Pulse Now AI Editorial System