COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA·CRYPTO·
Digital credit market hit by huge selloff as Strive CEO blames leverage liquidations
As reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Matt Cole says forced selling from leveraged investors pushed STRC and SATA sharply lower before both rebounded.
▸ MARKET SAMACHAR ANALYSIS
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The digital credit market recently experienced a significant selloff, with STRC and SATA shares dropping sharply. Strive CEO Matt Cole attributed this downturn to forced selling by leveraged investors. Both stocks subsequently rebounded after the initial decline.
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