The stablecoin ecosystem rose to over $164 billion this past week—the last time it did this was before the Terra ecosystem collapse, linked to the UST stablecoin. This spike in The post Stablecoin Market Capitalization Jumps to $164 Billion, Highest Since Terra Collapse appeared first on Live Bitcoin News .
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Cryptocurrency Market Faces Significant Altcoin Sales
BTC holds around $54,000, allowing small recoveries in altcoins. Chiliz (CHZ) and FLOKI Coin are maintaining critical support levels. Continue Reading: Cryptocurrency Market Faces Significant Altcoin Sales The post Cryptocurrency Market Faces Significant Altcoin Sales appeared first on COINTURK NEWS . Live Bitcoin News
Bitcoin Plunges Under $54K As Weak US Jobs Data Shakes Markets
Bitcoin fell below $54,000 on September 6, 2024, after cruising earlier in the day to $57,000 following the US nonfarm payrolls. The report showed that the economy added only 142,000 jobs in August, which was much below expectations and threw the crypto market into volatility. Related Reading: Nearly 90% Of Crypto Firms Fail UK’s AML Live Bitcoin News