Several Trading Platforms Are Now Battling Cryptocurrency’s Liquidity Issue

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An industry spread selloff in digital assets from significant exchanges and the fall of highly rated tokens like TerraUSD and Luna have triggered ripple effects across the crypto industry. The recent mass crypto liquidation wave has triggered fear of contagion risks. Major DeFi lenders Celsius Network and Babel Finance froze withdrawals, and Three Arrows Capital, a major crypto hedge fund, is facing liquidity troubles that have rattled investors. Looming Crypto Winter has Triggered Mass Fears Bitcoin plummeted below $21,000 on Tuesday, extending severe drops from the previous day and sliding deeper into 18-month lows. According to reports from CoinMarketCap, the

The post Several Trading Platforms Are Now Battling Cryptocurrency’s Liquidity Issue appeared first on The Merkle News.

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