Crypto Pundit
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Crypto Pundit

The Macro View Of Cryptocurrencies

Photo by Annie Spratt on Unsplash

The main reasons for the collapse of cryptocurrencies are: on the one hand, the Federal Reserve has accelerated monetary policy tightening, which has reduced global risk appetite. On the other hand, the algorithmic logic between cryptocurrencies is intertwined, causing a downward spiral of currency values.

Recently, the stable coin TerraUSD (UST) plummeted and triggered sharp volatility in the…

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