Crypto volatility knocks out more stablecoins: Here's why
Prolonged cryptocurrency volatility hit the market's so-called safer havens, stablecoins
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Prolonged cryptocurrency volatility hit the market's so-called safer havens, stablecoins
(Reuters) — Major cryptocurrency volatility has hit stablecoins, typically considered the market's safer-havens, with investors pulling money out of the sector and several losing the peg to their underlying assets.
Major cryptocurrency volatility has hit stable coins, typically considered the market's safer havens, with investors pulling money
Investors say that during the war bitcoin's characteristics have stoked demand and helped it outperform other traditional havens.
By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) - Cryptocurrencies have been close to the headlines since Russia invaded Ukraine, with the