By YDN The world of stablecoins has been rapidly evolving, with its total market capitalization recently reaching an impressive $250 billion, representing a significant 7.5% share of the entire crypto sector’s value. The current dominance of Bitcoin [BTC] and stablecoins together is a striking 73.5%, reminiscent of previous cycles marked by altcoin accumulation. However, despite […]
Tag: US
By Emir Abyazov U.S. stock futures hit an all-time high, paving the way for Bitcoin to reach a new peak. The S&P 500 futures index hit 6,163 points, surpassing its February peak, while the tech-heavy Nasdaq Composite futures set a new record at 20,180 points. 1-year chart of the S&P 500 index. Source: marketwatch The […]
By Emir Abyazov Bitcoin is holding above $106,000 after the announcement of a truce in the Middle East, while fresh hopes of an earlier Fed interest rate cut add to investor optimism. A New Level for Buying on Dips A temporary ceasefire in the Middle East triggered a rally in risk assets and cryptocurrencies, while […]