First Mover Asia: Events in China, India Have Also Weighed on Crypto Prices

“This resilience is what keeps crypto surging back, as we saw today with the (then) 6% spike,” he said, adding, “This remains an incredibly volatile emerging asset class, where conventional notions around market sentiments are continually turned upside down. So long as crypto remains resilient in the face of hacks, monetary policy and political tailwinds, it will continue to roar back life, especially given the billions of institutional capital.”