Bitcoin Plunges: Why Are Institutions Holding Strong?
Bitcoin experienced a tough Monday, as it briefly traded below $50,000 before stabilizing around $53,000. In a related event, Do Kwon, the former head of Terraform Labs, faced extradition to South Korea after being arrested in Montenegro. This won't be an easy return for him, as he must address his wrongdoings linked to the Terra/LUNA ecosystem.
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