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Morgan Stanley Sees Crypto Equivalent of Quantitative Tightening

The bank pointed to weakness in crypto markets, the failure of a dollar stablecoin and a reduction in leverage in decentralized finance.

Morgan Stanley said crypto is going through the "equivalent of quantitative tightening." (Eviart/Shutterstock)
Morgan Stanley said crypto is going through the "equivalent of quantitative tightening." (Eviart/Shutterstock)