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Details: ht
Stablecoin volume falls below $150 billion, alts' open contracts experience a big dump of $8 billion.
[Coin World] As a certain platform's stablecoin volume fell below the critical threshold of 150 billion USD, the unclosed contracts of alts experienced a big dump of 8 billion USD, while Bitcoin's dominance rose to 58.56%. As competition among stablecoins intensifies, USDC's market share has grown to 13.58%. With traders shifting towards safer assets, the liquidation amount of alts is five times the 1.5 billion USD fall of Bitcoin.