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Tag: Paxos and Binance

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Why is the cryptocurrency market down right now?

As the SEC ordered Paxos to stop issuing Binance USD, the cryptocurrency market is down today as Bitcoin and other cryptocurrencies correct on the news.   The cryptocurrency market is down today as market turbulence rises ahead of the release of the Consumer Price Index (CPI) data, which monitors inflation, on February 14. The CPI…
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