Mar 20: Crypto's Volatile Week and NFT Record Breaker
The crypto world faced a turbulent week, highlighted by Bitcoin ETFs experiencing their first negative flows in weeks, largely attributed to concerns around Grayscale. Bitcoin itself struggled to maintain its value ahead of a crucial Federal Reserve meeting. Meanwhile, 3AC co-founder Kyle Davies refused to apologize for his crypto hedge fund's bankruptcy. BlackRock announced a tokenized asset fund aiming to boost institutional liquidity. Topping off the week, a Dogwifhat Ethereum NFT sold for a record-breaking $4.3 million, showcasing the continued frenzy around digital collectibles.
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