six months after it soared to a record high. Interestingly, these losses are bigger than those witnessed during the 2007's subprime mortgage market crisis — around $1.3 trillion, which has prompted fears that creaking crypto market risk will spill over across traditional markets, hurting stocks and bonds alike.A massive move lower from $69,000 in November 2021 to around $24,300 in May 2022 in Bitcoin's price has caused a selloff frenzy across the crypto market.
to $0.95 on May 12. But unlike TerraUSD, Tether managed to recover back to near $1, primarily because it claims to back its dollar peg using good old-fashioned reserves, including the real dollars and government bonds.But that is where the trouble begins, according to a warning issued by rating agency Fitch last year.
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More than 7$ trillion has been wiped out from the stock market in 2022. Who is dragging down who ...
fudtelegraph is a plague to the space
Nobody expected this. Although it is difficult to prepare for this.
xMooneyToken That’s not true, the market was down before this 1.4 T
Why is everyone waiting for a rebound instead of choosing a different type of investment and choosing passive income?
How do you lose more than the total market cap?
More than $7 trillion lost in stock exchanges. No one talks about it.!
Your math is wrong.
another clickbait
Luna is about to cause some lunatic movement very soon
Following terra comunity
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FUD. USDT is at .998 where is normally is. Coin telegraph working for the bear whales now?
Tether so far has proved to be stable, even though it lost its peg to the dollar for a short time.
No problem only a matter of time
idk but Tether looks pretty fine now
There is no such thing as a stable crypto currency coin,just as there are no stable stocks!
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Stop spreading fud 🤮🤦♂️💩
yes
There's only one safehaven
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Source: CNBC - 🏆 12. / 72 Read more »