Downward Fall of Bitcoin Impacts Emerging Stablecoins

Posted on 05/10/2022

The cryptocurrency market has continued its fall from last week. These downward movements in the digital currency market mimic the global stock market. For example, bitcoin fell to US$ 30,727.80 at around 8:43 PM pacific standard time. This is more than a 10% drop in bitcoin price from Sunday and more than a 54% slide…

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