Stablecoin Dominance Surges in June as Crypto Markets Shed 35%
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Bitcoin and ether were some of the worst performing top-50 cryptocurrencies this month Stablecoin dominance is way up, with the top four dollar-pegged tokens now making up more than 15% of the digital asset market Bitcoin dropped below $19,000 this morning, having shed up to 6% over the past day as benchmark indexes NASDAQ 100 and S&P 500 remain muted. Bitcoin (BTC) is trending toward prices last seen two weeks ago when it collapsed to $17,600, its lowest since December 2020 when the bellwether digital asset was on its way toward smashing its 2018 record high. Grimmer still, bitcoin has
Bitcoin has dropped 4.6% over the past week, from around $30,300 to $28,900 Stablecoin dominance has surged as crypto traders seek shelter from volatility Cryptocurrency markets have shed 7% of their... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…
On Wednesday, the crypto economy of 12,620 coins across 543 exchanges is hovering just above the $2 trillion mark. Ever since the crypto economy’s market slump, bitcoin’s market dominance among all... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…