The Graph, Hedera Hashgraph: 2 Cryptocurrencies In The Billion And A Half Club – Investing.com

The Graph, Hedera Hashgraph: 2 Cryptocurrencies In The Billion And A Half Club – Investing.com

This article was written exclusively for Investing.com

China is about to roll out a digital yuan, making the world’s second-leading economy the first to embrace fintech. After making highs in April and May, and prices suffered substantial corrections. The Chinese ban on crypto mining and a crackdown on the asset class is likely responsible for selling that more than halved prices from the 2021 all-time highs.

The move lower may have shaken the confidence of latecomers to the asset class. Still, many consider it an opportunity to load up on Bitcoin, Ethereum, and many of the over 10,700 other cryptocurrencies.