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/biz/ - Business & Finance

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29291948 No.29291948 [Reply] [Original]

>Tether implodes
>BTC falls below $20k support
>Microstrategy gets margin called on its loans, declares bankruptcy
>Tesla becomes a double digit stock
>EV market implodes
>every company with a high PE (half of the large cap stocks) dumps
Tether could be this cycle's Bear Stearns.

>> No.29292020
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29292020

It will certainly fuck up crypto but I doubt it will affect anything else.

>> No.29292083

>>29291948
I love nocoiners still holding onto that Tether narrative. Tether marketcap got flipped by Cardano?
People don't trust Tether lmao. The rise of hundreds of stable coins is proof of that. It's purely running of name. USDC increased more proportionally and it's fully audited