📈 The Stablecoin Market is Thriving While the Crypto Market is Bleeding! 🧐💸
🔥 Today, Friday (25/07), the crypto market experienced a correction!
📉 Total market capitalization fell 1.12% to US$3.78 trillion
💥 Bitcoin also dropped nearly 3% to US$115K
But there's something interesting... 👀
💎 Stablecoins are actually shining!
📊 Market capitalization of stablecoins rose 0.64% to US$270 billion
🚀 Trading volume surged nearly 20% to US$212 billion
🏆 Tether (USDT) and USDC continue to dominate!
💼 Many traders are storing their profit-taking results into stablecoins, increasing market liquidity! 📥📤
📜 Additionally, new stablecoin regulations in the US are making investors more optimistic about the future of stablecoins 💪🇺🇸
📌 Disclaimer: Not Financial Advice (NFA). Do Your Own Research (DYOR).
$USDT