Crypto researcher unpacks why UST broke down and what happens next

The post Crypto researcher unpacks why UST broke down and what happens next appeared on BitcoinEthereumNews.com.

Bitcoin traded below $30,000 on Monday, amid market uncertainty brought about by the ‘depegging’ of UST—an algorithmic stablecoin whose value is supposed to remain equivalent to $1. At publication, UST…

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