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Cryptopolitan 2024-01-03 19:08:02

USDC value fluctuates sharply in response to Bitcoin ETF speculations

Circle’s USDC, a prominent dollar-pegged stablecoin, encountered significant volatility today. Notably, the stablecoin’s value dipped to as low as $0.74 in three separate instances. This instability surfaced amid a broader market sell-off triggered by skepticism over approving a Bitcoin ETF this month. The fluctuations in USDC’s value were observed on the Binance exchange. Specifically, the

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