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Bear Market News

MakerDAO invests $500 million in U.S. Treasuries

MakerDAO invests $500 million in U.S. Treasuries

The world's largest DeFi lending protocol, MakerDAO, announced yesterday, Thursday, October 6, that it would invest $500 million in American government and corporate bonds.

A bear market is a period in which prices decline for an extended time and market sentiment is negative.

In a bear market, confidence often decreases and many cryptocurrencies lose value. Still, new opportunities, trends, and projects can also emerge during these periods.