Daily News | Powell's Hawkish Remarks Spark Global Sell-Off As Crypto Moves Away from the Dollar; MakerDAO Considers US Treasury Investment
Author:Gate.io Researcher: Peter L.
08 March 09:46
Fed Chair Powell_s comments about possible rate hikes have led to a drop in both the stock and crypto markets, while the crypto market is also shifting away from the US dollar as payment providers are dwindling. Meanwhile, MakerDAO is considering investing an extra $750 million in US Treasuries to stabilize DAI and enhance its value,