It is not only bitcoin that is getting hit. Even stable coins are no longer able to find their footing. Check out this one and see how it dropped steeply.
I guess it is because most of these crypto things are relying on the power of bitcoin.
“Stable coin” pic.twitter.com/Qnm2yEx9B3
— Bitcoin Magazine (@BitcoinMagazine) May 10, 2022
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