Bitcoin was trading either side of $20,000 on Monday, while no.2 token ether was at $1,075, having dipped below its own symbolic level of $1,000 over the weekend.
"There is a lot of credit being withdrawn from the system and if lenders have to absorb losses from Celsius and Three Arrows, they will reduce the size of their future loan books which means that the entire amount of credit available in the crypto ecosystem is much reduced. To be sure, the developments in crypto have coincided with an equities slide, as U.S. stocks suffered their biggest weekly percentage decline in two years on fears of rising interest rates and the growing likelihood of recession.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Bitcoin drops below $20,000 as crypto market tumult continuesThe biggest cryptocurrency has fallen more than 70% from its all-time high in November. 🤣🤣🤣 The road to goblintown👺 AdamMorganMc matter more
Baca lebih lajut »