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USDT Market Capitalization Drops by Over $3 Billion, Raising Market Concerns

#Crypto News Tether (USDT) USDC

Tetherโ€™s market capitalization has declined for a second straight month. This is a rare event, similar to what we observed after the 2022 Terra collapse. Weak demand for Bitcoin ETFs accompanies this contraction. Together, these factors point to fragile market conditions.

Tetherโ€™s market capitalization has declined for a second straight month, a rare occurrence last seen after the 2022 Terra collapse. This contraction, alongside muted bitcoin ETF demand, points to fragile market conditions. Stablecoin Slowdown Signals Crypto Capital Outflows Tether ( USDT) is flashing a signal the crypto market hasnโ€™t seen in years. The worldโ€™s largest [โ€ฆ]

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USDT Market Capitalization Drops by Over $3 Billion, Raising Market Concerns