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Morgan Stanley Says Tightening in the Crypto Market Has Paused



Last week was the first time since April that the market cap of the coins, cryptocurrencies whose value is tied to real-world assets such as gold or national currencies, didn’t drop on a monthly basis, according to the report. While it is still 20% below its peak, this may be a sign that “extreme institutional deleveraging” appears to have paused for now.



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