As Total Crypto Market Cap Falls Below $1 Trillion, Moonrock Capital CEO Says ‘Dumb Money Is Leaving'

On Monday (August 29), Simon Dedic, who is Co-Founder and Managing Partner at Munich-based blockchain advisory and investment partnership Moonrock Capital, commented on the crypto market. Why is the total crypto market cap — which is currently (as of 8:30 a.m. UTC on August 29) around $997.