ICYMI: MicroStrategy trading at 18-month low following crypto and stock market drop
on May 12 following the collapse of Terra's stablecoins TerraUSD . This spread across the crypto market putting downward pressure on all digital assets.
However, the software company’s bet on bitcoin is only one mitigating factor for the drop in share price. For instance, the US Federal Reserve has promised to begin reducing its $9 trillion balance sheet from next month, as it aims to stem rising inflation.
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