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via CryptoSlate · By CryptoSlate Editorial

A stablecoin tied to Strategy stock depegs putting a new DeFi dollar risk in focus as Bitcoin sells off

BTC

BTC/USDT

$84,161.99

-0.71%

$84,161.99

-0.71%

(24s)

24h Volume

$13,949,636,332.19

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

+0.0003%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,159.94

▲ 0.07%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,179.33

Price$84,159.94

Support 1$84,021.79

Support 2$81,602.20

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.5

CryptoSlate Editorial

(12:05 PM UTC)

1 min read

Verified byJames Mitchell

0 comments

Apyx's apxUSD fell below its dollar reference on June 4 as Bitcoin traded near $63,000, putting DeFi dollar peg risk back in focus.

A Bitget report said the token briefly touched $0.93 during the selloff. The report framed Apyx's response as a design point: apxUSD's reserve risk is largely borne by Strategy's STRC preferred stock, with cash serving as part of a broader buffer.

Data at the time…

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