#Eid #TrumpVsMusk
On Eid al-Adha, the crypto market witnessed a significant downturn, primarily triggered by tensions between Elon Musk and Donald Trump.
• The global crypto market cap dropped by $180 billion, now sitting at $3.12 trillion.
Source
• $MUBARAKAH Coin: A small-cap token themed around Eid saw a massive +92% surge in 24 hours. This seems driven by festive interest and community support.
Circle’s IPO: Circle (issuer of USDC) is moving forward with plans to go public, signaling growing institutional interest in stablecoins.