In the vast sea of red currently seen in the crypto market, one section particularly stands out: the sudden and brief drop in a number major stablecoins at approximately the same time, before bouncing back. (Updated at 14:14 UTC with a comment from Tether.) At 13:30 UTC, major cryptocurrencies are bleeding, and the top 10 by market capitalization are seeing losses
In the vast sea of red currently seen in the crypto market, one section particularly stands out: the sudden and brief drop in a number major stablecoins at approximately the same time, before bouncing back. (Updated at 14:14 UTC with a comment from Tether.) At 13:30 UTC, major cryptocurrencies are bleeding, and the top 10 by market capitalization are seeing losses
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