May 10: Bitcoin battles to stay above $30,000, stablecoin implodes, MicroStrategy losses, NFTs on Facebook
About this episode
On today's CoinMarketRecap with Connor Sephton, Bitcoin battles to stay above $30,000 after a bruising Monday. The UST stablecoin has imploded too — and this is adding even more pressure to the crypto markets. MicroStrategy's Bitcoin investment briefly swung to a loss for the first time ever, and undaunted, El Salvador is buying the dip. And in slightly better news, Mark Zuckerberg has made a big announcement about Meta's plans for NFTs. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.
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