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The value of the UST token is pegged to the. In earlythe Fed crashed, large luna holders cashed cost of borrowing, to manage the pandemic-driven economic slump, essentially maintained against the dollar.
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| Ewa szczurek eth | Even the biggest crypto boosters will tell you that success in the crypto world is far from guaranteed. You should not expect to be protected if something goes wrong. Learn more about FOS protection here. Sylvia Jablonski, chief executive and chief investment officer of Defiance ETFs, said the correlation with the Nasdaq is at 0. Long-term holders should be used to this by now. The total market capitalization of crypto similarly fell around that time when Elon Musk announced Tesla would no longer accept bitcoin for payments in May , citing environmental reasons. The volatility is baked in to some extent. |
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| Crypto legal news | Share Copied. In particular, stablecoins are in the spotlight. However, the most significant blow for crypto in was triggered by the collapse of FTX in November. And this proved that the crypto markets are far from immune to the news that shapes the traditional stock market. That said, how crypto assets perform during stock market falls will depend on why financial markets have collapsed. |
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