Crypto Market Watch: Bitcoin, Ether See Minor Losses in Volatile Market; Stablecoins Stay Resilient

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May 31, 2023

The valuation of the overall crypto sector dropped by 1.32 percent in the last 24 hours. Bitcoin and Ether recorded losses. Polkadot, Polygon, and Chainlink recorded losses alongside BTC and ETH. Stablecoins like Tether, USD Coin, and Ripple did manage to mint small profits. The fluctuations in US’ financial market amid the debt ceiling decision are expected to keep…