JUST IN: Ethereum price fell below $2,300 on June 21 amid escalating market tensions in Asia, down over 5% in 24 hours and nearly 9% weekly. Analysts warn of a potential downward trend, with predictions suggesting a possible return to $1,200 or lower.
JUST IN: 🇺🇸 Treasury Secretary Bessent says crypto stablecoins can lower government borrowing costs and reduce national debt.
"A thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries, which back stablecoins. This newfound demand could lower government borrowing costs and help rein in the national debt."