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The Argentine Peso collapsed an additional 22% yesterday, in one day! Year-on-year inflation in Argentina has hit 115%, poverty has soared, and the value of the peso has plummeted. Yesterday, the Argentine central bank made a desperate effort by raising interest rates from 97% to 118% while simultaneously cutting the official dollar exchange rate by 22%.

Recently, we have witnessed a positive trend of TRON (TRX), a blockchain-based platform focused on decentralised applications and content sharing. Let's delve into TRON's recent performance, notable price changes, and important developments that have caught the attention. TRON has demonstrated its resilience and adaptability. In the past 3 months, TRX has witnessed a 12.35%

Here's what's moving the cryptocurrency market this week 📊 Digital assets are historically known for increased volatility, however, the market is currently experiencing an extreme volatility compression. Fewer than 5% of trading days have a tighter trade range. Bitcoin and the overall cryptocurrency market are in a consolidation phase.

Dogecoin (DOGE) has been making waves in the market, attracting attention from investors, enthusiasts, and the broader public. This playful and meme-inspired digital currency emerged in 2013 and was initially considered a joke. However, its popularity skyrocketed due to widespread social media exposure and the support of influential figures like Elon Musk.

On July 28 XLM to USD Price was $0.1617 and Stellar Market Cap $4.41B. Return in the last 24 hours was +4.45 %, return in the last month was +57.86%. We can clearly see in the picture below the rising price of XLM from June 1 up to July 27 with Moving Average (50) and trading volume.

We saw a remarkable surge in assets under management (AUM) for crypto funds in recent years. From 2018 to 2022, these funds have experienced substantial growth, and the trend continued with a significant spike in AUM in July 2023. Since the beginning of 2018, the AUM of crypto funds has been on an upward trajectory, reflecting the increasing interest and investment in the digital asset space.

From Struggle to Streamlined Success: BitFolio's Time-Saving Transformation For our Strategists, navigating the complex financial landscape was a time-consuming and challenging endeavour. The daunting task of manually rebalancing their investment portfolio was constantly consuming their time. However, everything changed with the discovery of ICONOMI, marking the genesis of the now-acclaimed BitFolio Crypto Strategy.

Bitcoin Under Pressure Since Bitcoin printed a new yearly high at roughly $31,800, downside pressure has moved into the cryptocurrency market. Bitcoin is down roughly 2% from Monday's open and 9% since the new yearly high on the 13th of July. At the same time, a rotation into the US Dollar Index can be observed.

▶ Institutional Inflows: Over the previous four weeks, institutional inflows into digital asset investment products have increased by more than US$742 million, marking the longest streak of inflows since the fourth quarter of 2021. Last week, Bitcoin witnessed inflows of US$140 million, or 99% of all inflows.