The crypto market rebounded by 24% in Q2, recovering $663.6 billion of its losses from the previous quarter, with a market cap reaching $3.5 trillion. The push towards decentralized exchanges marked a notable shift in trading dynamics.
Circle’s IPO, which was 25 times oversubscribed, energized interest in crypto stocks and potentially paved the way for similar moves by companies like Kraken and Gemini in Q3.
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