Bitcoin set for record losing streak as 'stablecoin' collapse crushes crypto - Reuters


5/12/2022 12:00:00 AM2 years 11 months ago

Cryptocurrencies nursed large losses on Friday, with bitcoin trading near $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets.

SINGAPORE/HONG KONG, May 13 (Reuters) - Cryptocurrencies nursed large losses on Friday, with bitcoin trading near $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called s… [+3497 chars]

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