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Nickel News Roundup - September 23, 2021
Crypto Nickel Digital Gold Institutional Fund Views: 1

Nickel News Roundup23rd September, 2021

 

Market Overview:

The digital asset market experienced a significant pullback this week, erasing several weeks of growth. This decline echoed drops in wider financial markets, with concerns of possible exposure to Chinese commercial papers as backing assets in stablecoin reserves.

Bitcoin traded in a stable range between $47,000 and $49,000 for the first half of the week, before plunging on Monday as the Evergrande crisis undermined confidence

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