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🚨 BRO, did u see altcoins COLLAPSE by $8 billion?!? 📉 Stablecoins making moves, BTC dominance rising
yo what’s up with altcoins tanking $8 billion in open interest?! 📉🚨 did BTC just swoop in and steal
the altcoin massacre: stablecoins swoop in to save the day, but at what cost? 🤔 btc dominance flexes as traders flee
classic crypto chaos: altcoins tank as stablecoins rise—traders flock to safety amidst high liquidation risk.
btc dominance surges in the
Key dishes to remember 🍽️
Why did Altcoins see a sharp drop in open interest? 📉
Altcoin’s open interests dropped by $8 billion due to Binance Stablescoin volume falling below $150 billion.
Does BTC win while altcoins are struggling? 🤔
Yes, BTC dominance rises as traders move from risky altcoins to stable assets in heavy liquidations.
The volume of Stablescoin trade on Binance returned to $150 billion. 🔄
This coincided with a significant drop in Altcoin market performance and increased competition between stablecoins.
Altcoins collapsed at $ 8 billion anneantis – but this reshuffle of stablecoin stitches more
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