Home > Latest > Body

Analysis: The recent decline in the market value of stablecoins by $780 million may indicate a decline in market purchasing power

clock
2024-10-11 14:41:33
Chain analyst Ali Yu X wrote that the recent decline in the market value of stablecoins by $780 million indicates a decline in market purchasing power. This could lead to weaker demand for cryptocurrencies, which could lead to stagnation or even decline in prices.