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  /  News   /  Distributed Ledger: Some crypto companies frown on infrastructure law, while some financial advisors cheer for it

Distributed Ledger: Some crypto companies frown on infrastructure law, while some financial advisors cheer for it

Hi there. Welcome to Distributed Ledger, our weekly crypto newsletter that will reach your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far.

Crypto in a snap

Major cryptocurrency prices have been retreating since Tuesday, after a controversial infrastructure bill was signed into law by President Biden on Monday. Bitcoin BTCUSD was recently trading at around $58,250, down 7.5% over the past seven days, according to CoinDesk…

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