Are Huge Tech IPOs Sucking Cash From Crypto?
SBI Holdings CEO Yoshitaka Kitao has attributed the cryptocurrency market's current sluggish performance to a massive capital rotation, suggesting that institutional investors are liquidating digital assets to raise cash for a historic wave of upcoming U.
Yoshitaka Kitao, CEO of Japanese financial giant SBI Holdings, has attributed the sluggish price action to a massive capital rotation.
According to Kitao, who recently weighed in on the current market downturn on the X social media network, instituti... [1807 chars]
Published by: U.Today
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