Tether USDT$1.0002, the world’s largest stablecoin by market value, continues to shrink and looks set for a second straight monthly contraction, signaling challenging conditions for a sustainable broader market recovery. Tether’s market capitalization has dropped by 0.8% to $183.61 billion this month, extending January’s 1% slide from a record $186.84 billion, according to data source […]
For the first time in five years, the Russell 2000 Index (IWM) is hitting record highs while bitcoin BTC$92,578.55, which usually tops in tandem, is out of sync and remains 27% below October’s record. History suggests the largest cryptocurrency and cryptocurrencies more broadly are likely to catch up. The Russell 2000, a gauge of U.S. […]
Bitcoin’s (BTC) $2 trillion market cap has attracted a wave of new buyers to the market, while seasoned traders turn cautious, according to analysis of on-chain data by Glassnode. BTC’s price topped $100,000 last Thursday, lifting its market capitalization above $2 trillion for the first time since Jan. 31, according to data source TradingView. Since […]