Stablecoin Market At $181B To Lay the Foundation for $100K Bitcoin?

Quick Summary:

The stablecoin market has surged to $181 billion, up 3% in the past week, as Bitcoin and the broader crypto market continue their historic rally, data from DeFiLlama shows.

Just one month ago, the market was valued at $172 billion.

This implies that market participants have demanded approximately $9 billion worth of stablecoins over the […]

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Author / Journalist: Abdulkarim Abdulwahab

Category: Crypto

Markets: India

Topics: BTC Market Stablecoin Bitcoin News Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 13:00:00 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 156 words

Reading Time: 1 minutes read

Sentences: 50 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23585657

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 16 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #124

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