Tag: BitcoinUSD

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Business

Bitcoin Prices Fall. Cryptos Pressured as Terra’s Meltdown Intensifies.

Bitcoin Prices Fall. Cryptos Pressured as Terra's Meltdown Intensifies.

Bitcoin prices have suffered a route over the past week alongside other cryptocurrencies. dreamstime Textsize Bitcoin and other cryptocurrencies remained under pressure Wednesday, but above their Tuesday lows, with the focus on the meltdown of stablecoin TerraUSD, which is designed to be pegged to the US dollar. The price of Bitcoin fell 2% over the […]

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Economy

Corporate America’s debt sinks to lowest prices since 2008. Could it be a canary in the coal mine?

Corporate America's debt sinks to lowest prices since 2008. Could it be a canary in the coal mine?

Stocks and crypto aren’t the only things getting walloped. Billions worth of bonds from Fortune 500 companies deemed nearly bulletproof from default also have been tagged in a yard sale for financial assets, as the Federal Reserve works to raise rates and cool inflation at the highest in four decades. The dollar price of the […]