QCP Capital Founder Sees Crypto Industry’s Immediate Future Tied to Genesis Debacle, Expects Rebound in 2024

Ether followed a similar pattern to bitcoin, falling earlier in the day before rebounding. The second-largest crypto by market value was recently changing hands at about $1,275, a small gain from Sunday, same time. Most other major cryptos were in the green, with MATIC, the token of layer 2 platform Polygon, and SUSHI, the token of the Sushiswap decentralized exchange, recently rising about 2% and 1%, respectively.