Begun The Froth Has

Before Covid, only a small number of digital assets from various sectors had a market capitalization over $1 billion. However, in response to the pandemic, global central banks increased the money supply through stimulus and quantitative easing (QE), which drove asset prices higher across all markets. Not surprisingly, the peaks in digital asset valuations have coincided with market tops, likely fueled by speculative retail mania and fear of missing out (FOMO).

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