Crypto Update | Stablecoins Are Not Worth the Risk
Markets Outlook
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Introduction
The official inflation report showed January's consumer price index slowing down at a slower rate than expected, but Bitcoin managed to keep its upward trajectory. Martin Leanweber, a digital asset product strategist at Market Vector Index, said that the crypto market seems a little bit undecided right now. And with recent action over the last week, it is worth noting that DeFi needs stablecoins and the headlines surrounding US regulators attacking stablecoins are frightening to investors.
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