Crypto’s slide after days of decline in Bitcoin and other major cryptocurrencies is being driven by leverage and forced liquidations, triggering a “mass sell-off among traders,” but the volatility can change with pending Senate legislation, Paul Powers, CEO of Physna, said on Newsmax Tuesday.
Senate Advances Shutdown Pay Freeze Bill
The Senate voted unanimously Wednesday to advance a resolution that would suspend senators’ pay during future government shutdowns, underscoring bipartisan frustration after a series of