Crypto Long & Short: Infrastructure is the prevailing currency in digital assets

Caue Teixeri from Nonco argues that regardless of the fluctuating fortunes of individual cryptocurrencies, the underlying infrastructure supporting these digital assets is what truly matters. Alen Pavlović of Liquibit Capital uses CoinDesk's liquidation feed to show that June's sell-off hit a peak just before Bitcoin's bottom, suggesting a complex interplay between market sentiment and asset value. This underscores the importance of the foundational technology and networks in the crypto world, highlighting that infrastructure could be more resilient than the volatile coins themselves.