Benjamin Cowen
After the current consolidation, it looks like stablecoin dominance will go higher into the summe...
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The chart for USDT.D+USDC.D (Stablecoin Dominance) suggests a potential increase in stablecoin market share, possibly reaching above 11% after a period of consolidation. This indicates a likely flight to safety or reduced risk appetite in the crypto market during the summer months, which could imply downward pressure on altcoins. Investors might consider increasing their stablecoin holdings or reducing exposure to volatile crypto assets.

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About Benjamin Cowen
Benjamin Cowen

Benjamin Cowen

By intocryptoverse

CEO/Founder @ITC_Crypto @ITC_Stocks @ITC_Macro PhD Engineering https://t.co/VwxEaJxIl8