Techub News reports: Deposits in Re Protocol’s on-chain reinsurance product have surpassed $400 million.
A mildly positive development that helps the fundamentals; in the short term, the market is still following the flow of funds.
$BTC is currently at 74377.48 (24h -0.076%). Further clarification from the parties involved is worth watching, and updates may follow.

This does not constitute investment advice. Trade at your own risk.