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Tokenized RWAs surge 589% despite crypto market pullback in May — Binance Research
Crypto market sectors real-world assets (RWAs) and quantum-resistant cryptocurrencies recorded notable gains despite broader macroeconomic pressures, according to a Binance Research report on Monday. The report stated that the total crypto market cap declined 3.3% in May to $2.55 trillion as inflation concerns, rising bond yields and shifting expectations for Federal Reserve (Fed) policy weighed on risk assets. As a result, Bitcoin struggled to maintain key technical support levels, while spot Bitcoin exchange-traded funds (ETFs) recorded net outflows of $1.1 billion during the month. "BTC tested the 200-day ... (full story)
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