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Bitcoin, Ether Slip as Risk Sentiment Wanes Amid Pelosi’s Taiwan Visit

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The crypto market wilted as geopolitical tensions zapped investor risk appetite and excitement around Ethereum’s merge began to deflate. As Ether overtook the options market for the first time, Quantfury Head of Markets Daniel Muvdi predicts that ether has the potential to eventually “flip bitcoin in market cap.”

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CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.

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