The Sweat Economy price is $0.01, a change of 2.57% over the past 24 hours as of 9:18 a.m. The recent price action in Sweat Economy left the tokens market capitalization at $47,622,036.97. So far this year, Sweat Economy has a change of -39.77%. Sweat Economy is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
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ALSO: Singapore ranked second in CoinDesk's Crypto Hubs survey. The city state raised billions through IPOs, weathered the collapse of homegrown darlings Terraform Labs and Three Arrows Capital and is now searching for the right regulatory balance to encourage crypto without getting burned again.
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The risk-off mood is probably the market's way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy.
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Tether’s USDT stablecoin deviated from its $1 peg, while other major cryptos spend their day in red territory.
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ALSO: A crypto investor, entrepreneur and market observer suggests that TradFi may be approaching a tipping point that benefits bitcoin, among other digital currencies, and could shift a large part of the crypto economy to Hong Kong.
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