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First Mover Asia: Bitcoin Holds Steady Over 20K, USDC's ‘Flippening’ of USDT and the Stablecoin Bear Market

Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg.

Bitcoin rose on Tuesday, but overall, crypto has been in a funk. (Getty Images)
Bitcoin rose on Tuesday, but overall, crypto has been in a funk. (Getty Images)