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Citi Says Fallout From Terra Collapse Unlikely to Hit Wider Financial System

Recent weakness in bitcoin and equities looks contemporaneous and doesn’t show any lag or lead effect, the bank’s analysts said.

Updated May 11, 2023, 3:22 p.m. Published May 17, 2022, 10:43 a.m.
Terra's collapse is unlikely to put the wider financial system under pressure. (Eviart/Shutterstock)
Terra's collapse is unlikely to put the wider financial system under pressure. (Eviart/Shutterstock)