The stablecoin market has seen a slight increase, as investors seek safe-haven assets
Data shows that stablecoins Maker (MKR) and Ethena (ENA) have both seen a rise in price. MKR is currently priced at $1273.90, with a 24-hour increase of 2.44%, while ENA has risen to $0.3655, an increase of 2.61%. This trend suggests that investors may be seeking hedging options to offset the current market uncertainty. The appreciation of stablecoins reflects the high demand for safe assets in the market, especially during periods of economic turmoil.
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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