Bitcoin plunged to the lowest in about 18 months after the freezing of withdrawals by the Celsius lending platform added to concern that systemic risk in the crypto ecosystem will accelerate the digital-asset market meltdown. The world’s largest digital token tumbled as much as 17% to $22 603 – its lowest since December 2020. Other cryptocurrencies also declined as a broader sell-off continued.
The collapse of the Terra/Luna ecosystem last month, and lender Celsius pausing withdrawals on Monday morning Asia time, have further eroded confidence in the space. Read: TerraUSD stablecoin plunges TerraUSD backers seek $1.
A wise man once said, be greedy when others are fearful and be fearful when others are greedy.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MARKET WRAP: JSE falls to lowest in a month as markets anticipate aggressive FedIf the US Fed raises the funds rate by more than a half a percent on Thursday, there could be further weakness in global equity markets and a softer rand I never believe in making money online before but since I started seeing different people testifying about Cynthia_Neliwe1 ,i was so interested in to investing with her because all friends who Invested have all received their profits successfully and so do I Cynthia_Neliwe1
Source: BDliveSA - 🏆 12. / 63 Read more »