Miners and Stablecoins Perform Well Even as Crypto Lost $18 Billion in June According to a Recent JPMorgan Report

June was a bad month for Bitcoin and, by association, the crypto market. Between the Mt Gox distributions and the German government offloading a massive amount of seized bitcoins, the world’s foremost crypto asset saw almost a quarter of its value wiped out. Yet, the overall resilience of the market seems to be improving. According to JPMorgan, even in this tumultuous period crypto finds itself in, miners and stablecoins still performed well, underscoring the wider acceptance and expansion that crypto has undergone in recent years. Crypto Expansion Among the many industries that have accepted cryptocurrencies as a payment method and

Source: CryptoIntelligence