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‘Existential Threat’—Wall Street Suddenly Braced For A Bitcoin And Crypto Price Game-Changer


Wall Street is confronting a significant challenge as cryptocurrencies, particularly Bitcoin, gain prominence. The increasing adoption of digital assets and the rise of decentralized finance (DeFi) platforms are prompting traditional financial institutions to reassess their roles in a rapidly evolving financial landscape. Stablecoins, which are digital currencies pegged to traditional assets, are also drawing attention from regulators due to potential risks to financial stability. As the crypto market continues to mature, its impact on conventional banking systems becomes more pronounced, signaling a transformative period for global finance. 


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