PeckShield: sUSDat briefly dropped below $0.93 before recovering to $0.98
Foresight News reports that, according to monitoring by PeckShield, sUSDat (the staked version of USDat, 100% backed by digital credit STRC) briefly dropped about 7% to below $0.93, then rebounded to $0.98. This market fluctuation occurred after Strategy sold.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Brent: Inflation expectations rise on price rebound – Deutsche Bank
The unwinding of Swiss franc carry trades fuels the safe-haven rally, and potential short squeezes may further strengthen the trend
Swiss franc arbitrage trading has been hindered, and the rally of this safe-haven currency may further strengthen.

US Dollar: Hawkish skew supports upside risks – ING
