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The Celsius Network has been growing in reputation in current months, with its user base growing by 400% in 2020. The platform has also seen an increase within the number of assets on its platform, with the platform now holding over $1 billion in belongings. Its native token supplies network governance and operations, in addition to develops parallel chains by bonding. It also provides an alternative to conventional monetary markets and offers access to new asset classes. As well as, some investors consider that this foreign money gives a protected haven during economic uncertainty. The next interest price often implies that traders are much less prone to invest in riskier assets, such as cryptocurrencies, as they can get a higher return from extra safe investments. If interest rates remain low or decline, the stock market could remain buoyant. The danger of a inventory market crash in 2023 is primarily dependent on the course of curiosity rates. The potential for a big market crash in 2023 as a consequence of a geopolitical event is a distinct risk.
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