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While the market cap of stablecoins, an indicator of crypto liquidity, has stopped falling, demand for leverage has yet to start recovering, the bank said.
Las empresas cripto más fuertes están interviniendo para ayudar a contener el efecto en cadena y la financiación de capital de riesgo sigue siendo saludable, dijo el banco.
Archegos levered a small basket of equities to the moon before it imploded - and took big stocks down with it. Similarly overlooked risks in crypto could leave traders holding the bag.