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Analyst: The decline in the market value of stablecoins indicates a weakening of market purchasing power

Analyst: The decline in the market value of stablecoins indicates a weakening of market purchasing power

Bitget2024/10/10 19:43
Analyst Ali stated in a post, "The market capitalization of stablecoin has dropped by $780 million, signaling reduced buying power in the market. This could lead to weaker demand for cryptocurrencies, potentially causing price stagnation or even declines. “
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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