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As turmoil swept by means of world financial marketplaces on Monday, fueled by worries that the economic climate is headed for a hard landing, buyers began to invest that the Federal Reserve could bounce in to cushion the fallout with an emergency interest fee Lower.
The precipitous falls display that digital currencies, as soon as envisioned being an alternate asset class that may be shielded from gyrations on earth economic system, remain vulnerable to the identical broader financial forces that impact engineering shares and dangerous investments.
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