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Bitcoin and 2000 cryptocurrencies have been hit by several factors including rising inflation, which has prompted interest rate rises by on digital assets. Then Three Arrows Capital, a faith in digital assets, triggering a wave of selling that has been exacerbated by the.
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Bitcoin falls below 20000 | Please review our updated Terms of Service. Another major factor weighing on crypto prices is the collapse of Silvergate Capital, a major lender to the crytpo industry. The crypto market, which trades on a hour basis, is also suffering internal problems that began with the collapse of Terra, a so-called stablecoin whose value was supposed to be pegged to the dollar. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Investopedia requires writers to use primary sources to support their work. The ongoing regulatory crackdown in the U. |
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