today crypto margin calls 1000x600 1 Somebody Call a Margin: Crypto Markets Crash

Somebody Call a Margin: Crypto Markets Crash

– Bitcoin’s value has halved in recent months, making it harder for miners to repay the $4 billion in loans backing their equipment. This could create risks for big crypto lenders.
– Some miners have started defaulting on their loans, and analysts believe that more may do so in the future.
– BlockFi has announced that it is increasing its lending rates for BTC, ETH, USDC, GUSD, PAX, BUSD, and USDT.
– The digital asset bubble’s deflation has shown how fragile the system of credit in crypto is. This has caused many crypto enthusiasts to lose faith in the industry.
– Margin calls are being seen as a culprit of further trouble for the besmirched industry.

 

 

today crypto margin calls Somebody Call a Margin: Crypto Markets Crash
Somebody Call a Margin: Crypto Markets Crash 3

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