Phyrex|Jun 08, 2026 12:20
Within a month, the cryptocurrency industry has lost nearly 6 billion US dollars
Recently, I have seen many friends discussing how many large IPOs in the traditional world have sucked blood from the cryptocurrency market, leading to a decline in prices including Bitcoin: native. I checked the data and found that the total market value of USDT and USDC has decreased by $6 billion within a month.
At that time, the total market value of the two stablecoins was $267.56 billion, with $6 billion equivalent to 2.2% of the total.
The last time there was such a large-scale capital outflow, the price of Bitcoin fell from $96000 to $60000. Of course, both of these capital outflows are closely related to the macro politics of the United States and have some connection to Iran.
It is highly likely that the expected rise in oil prices has driven up inflation in the United States, resulting in some funds withdrawing.
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