Broader adoption of cryptocurrencies is a "double-edged sword."
Since November, the bank notes, the total crypto market cap has fallen around 40%. The slide is unique in that it was driven mainly by macroeconomic factors, that is developments that were outside digital markets, it said. The decline in bitcoin was highly correlated to the “drawdown in low-profitability tech stocks and recent IPOs,” which reacted negatively to the Federal Reserve’s move toward interest-rate increases, the report said.
Sharp falls in token prices resulted in liquidations and a decline in borrowing on decentralized finance platforms – which use coins as collateral – much like in the traditional financial system, the bank noted.
GoldmanSachs willcanny99 luniverseworld 🌈🦄 TO THE MOOON🚀 LUNI Luniverse Metaverse NFT SAND MANA
GoldmanSachs willcanny99 Play DogeDash. Earn money.
GoldmanSachs willcanny99 When you say ‘correlated’, do you mean ‘manipulated’?
GoldmanSachs willcanny99 mousecoin_io MouseCoin mousecoinarmy Bitcoin
GoldmanSachs willcanny99 lame
GoldmanSachs willcanny99 Amazing LUNIVERSE
GoldmanSachs willcanny99 We are back from the future to bring you with us. buffdogecoinBuffDogeCoin BuffDogeCoinArmy NFT NFTmarketplace Sandbox Metaverse Bsc Btc Crypto KingOfMeme
GoldmanSachs willcanny99 From Mistral, dev of Elonomics, and Happy New Year Floki, which did 50x & 30x respectively from pre-sale comes Water Tiger 水虎 – The Safest Passive High Yield Dividends Token on the Bsc. Massive marketing plans ahead, backing of a huge chinese community. WaterTigerOfficial
GoldmanSachs willcanny99 Luni is the future of metaverse 🚀🚀🚀🚀 Not just a game but a $LUNI project is The best investment for the long term. $LUNI just started did you see SANDBOX / MANA ? $LUNI is the future of them 🔥 LUNI LUNIVERSE METAVERSE CRYPTO NFT NFTs
GoldmanSachs willcanny99 15days ago I sent 3.49 bnb to buy woj to the wrong woj team wallet They did not give me woj and even bnb did not return it to me Txh: 0x4f6000ac2cb81df19ed9506c19919407fcf7fb655cc4dcdd122801e998c1c74b My wallet: 0x7aF61C4cbF3aFEAf3220D69217626Dc494C29054 wojfinance Pleasehelp
GoldmanSachs willcanny99 Amazing world LUNIVERSE WORLD LUNI LUNIVERSE METAVERSE CRYPTO NFT NFTs
GoldmanSachs willcanny99 NFT of polker.PKR is so cute. I’m sure you will love it. One more chance to play game and earn money NFT. Integration of AI deep learning techniques for in-game characters will also be a big boost for the project
GoldmanSachs willcanny99 The next big metaverse in 2022💎LUNI
GoldmanSachs willcanny99 I am up over 800% since joining this crypto space. Hodling and being super bullish has become my lifestyle. Follow wooperkins, his tweets and tips have been really helpful to me in this field.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Utoday_en - 🏆 295. / 63 Read more »