Cryptocurrencies and Blockchain Establish Close Investment Ties Between America and Asia

Alex Dovbnya
China is increasing its leverage over the US tech market because of the rising popularity of crypto. It served as a catalyst for rapidly developing investment ties
Cryptocurrencies and Blockchain Establish Close Investment Ties Between America and Asia
Cover image via U.Today

A recent TechCrunch report states that China is gradually increasing its leverage over the US tech market because of the rising popularity of cryptocurrencies and Blockchain. 

Blockchain technology served as a catalyst for rapidly developing investment ties between the two hemispheres. While Asia is pouring money into the US, American funds are also seizing the opportunity by shifting their focus on the eastern market. 

In both Asia and America, crypto began peaking up steam during the same period of time, but Asia became a dominant force in this niche because of swift regulatory actions. 

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.