In today’s briefing:
- Terra Collapse Returns to the Spotlight
Terra Collapse Returns to the Spotlight
- Price Movements: BTC’s correlation with BNB has dropped significantly since FTX’s collapse, a sign that Binance’s token is diverging from wider markets.
- Market Liquidity: Curve, the DEX optimized for stablecoin swaps, is still mostly used by whale traders.
- Derivatives: Tron futures skew bearish after the network’s native stablecoin, USDD, depegged to $.97.
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