Stablecoin Market Cap Hits New Peak as Broader Crypto Market Struggles – Decrypt
In brief Stablecoin supply hit a new all-time high above $311 billion this week, led by USDT and USDC, even as Bitcoin slid below $90K. Crypto volatility spiked, with $592.4M in liquidations in 24 hours, including $230M in Ethereum and $204M in Bitcoin, signaling a rise in risk aversion. Myriad Markets users place a 97.5%...
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