Total stable coin market cap has been increasing amid the market crash.
The total stable coin market cap was ATH(All Time High) in Mar 2022. Now, it seems trying to reach a new ATH(All Time High) the end of this year. It represents the liquidity of the crypto market. USDT(Thether) dominates the total stable coin marketcap.
While the crypto total 2 market cap(except the BTC market cap) plunged, the increasing total stable coin market cap can affect a potential buy pressure in the future.
The recent sentiment of the crypto market is full of fearful. Me too.. I hope that there won't be a recession for the following months. If it occurs, it will be a Black Monday.
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0.00 SBD,
100.54 STEEM,
100.54 SP,
0.00 TRX
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