๐ŸŸข $USDC continues to hold up well at $0.9998 with little to no volatility as other leading stablecoin. We have a high of 0.9998 and low of 0.9996 for the last 24 hours. The consistency thesis continues. ๐Ÿ“Š

Key indicators:

Order Book - 55.64% buy-side dominance, reflecting the demand.

MA Levels - All MA's (7, 25, 99) are converged tightly near 0.9995-0.9999, which is not a surprise for a stablecoin.

Volume - greater than 1.68B+ over the 24 hour period indicates good continuity of utility and usage.

The case is made that even amid the global macro-economic headwinds and volatile sentiment towards risk, $USDC is able to maintain the preferred choice for traders seeking stability. Whether you are hedging or waiting to deploy capital, it is still your digital dollar on-chain. ๐Ÿช™