Bitcoin plummets under $100K and loses over $103 billion in market valuation within hours. Tether’s unstable peg raises concerns: what happens when redemption pressure hits?

BREAKING: #Bitcoin plummets under $100K and loses over $103 billion in market valuation within hours. pic.twitter.com/jcpQiNuCD9 — Jacob King (@JacobKinge) January 7, 2025 BTC sells off, and Tether can’t hold its $1 peg. The faithful will say it’s no big …

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