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Bitcoin (BTCUSD) Tumbles on Crypto Treasury Contagion Fears from Overleveraged Firms

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Analyst warns crypto treasury firms that securitize digital assets could amplify market downturns via forced selling, management and cybersecurity risks; firms diversifying into altcoins have produced mixed stock reactions and some stocks plunged after reserve announcements.
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BTCUSD price history

78642.82 +19.37% over the displayed period

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