The cryptocurrency market is showing modest gains amid the broader risk environment:
* **Bitcoin (BTC)**: Around $67,000â$68,000, up roughly 1% in the last 24 hours. * **Ethereum (ETH)**: Around $2,000, up \~3% recently. * Global crypto market cap: \~$2.3Tâ$2.4T, with slight increases driven by BTC dominance around 56%.
Crypto has been relatively resilient compared to equities but remains sensitive to macro risks like oil-driven inflation fears. #cryptocurrency
What are the risks for stable coins if cheap shots happen ? A lot were minted preparing for waves of liquidation (I mentioned it before, months ago, before tether announcement)...