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New US credit crisis looms as more firms limit withdrawals – and Bitcoin could be hit first

Private credit has crossed into a dangerous phase. After rumblings last month, the pressure point is no longer confined to underwriting quality, isolated borrower stress, or a few awkward redemption notices buried in fund updates. The market is now dealing with something more consequential: a live collision between illiquid assets, semi-liquid fund structures, and investors […] The post New US credit crisis looms as more firms limit withdrawals – and Bitcoin could be hit first appeared first on CryptoSlate.

New US credit crisis looms as more firms limit withdrawals – and Bitcoin could be hit first