Bitcoin, Ether Slump; Banks Can Now Back Stablecoins

Bitcoin, Ether Slump; Banks Can Now Back Stablecoins

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CRYPTO MARKETS

Bitcoin slumped with the stock market Monday, falling more than 5%, after miners began selling at a higher rate on Sunday. Ether cooled off as well, and the average DeFi token has slumped 30% to 40% in recent weeks.

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