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Bitcoin Set For Record Losing Streak As stablecoin Collapse Crushes Crypto

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

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Bitcoin Eyes Record Losing Streak After Stablecoin Collapse

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

Hong kongScottie siuMorgan stanleyBc technology groupHong huobi technologyBitcoin eyes record losing streak afterStablecoin collapseAxion global asset managementHong kong listed huobi technologyBitcoin newsCryptocurrency newsBitcoin priceBitcoin plunge

Bitcoin set for record losing streak as stablecoin collapse crushes crypto

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

Hong kongScottie siuTom westbrookBradley perrettAlun johnThomson reuters trust principlesMorgan stanleyBc technology groupHong huobi technologyAxion global asset managementHong kong listed huobi technologyThomson reuters trust

Bitcoin set for record losing streak after stablecoin collapse

By Alun John and Elizabeth Howcroft

Hong kongEmelia sithole matariseElizabeth howcroftScottie siuTom westbrookBradley perrettJames malcolmAlun johnMorgan stanleyBc technology groupHong huobi technologyAxion global asset managementHong kong listed huobi technologyNews us worldEws reuters

Bitcoin eyes record losing streak as stablecoin collapse crushes crypto - Business

Crypto assets also swept up in broad selling of risky investments on worries about high inflation, rising interest rates.

Hong kongScottie siuMorgan stanleyBc technology groupHong huobi technologyAxion global asset managementHong kong listed huobi technology

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