2 metrics signal the $1T crypto market cap support likely won’t hold
Despite the 8.5% weekly rally in cryptocurrencies, the lack of stablecoin premiums in Asia and futures markets activity shows buyers’ lack of confidence.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Despite the 8.5% weekly rally in cryptocurrencies, the lack of stablecoin premiums in Asia and futures markets activity shows buyers’ lack of confidence.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
US Inflation Data Shakes Crypto Market as Bitcoin Breaks Below $73K Support
The decline intensified selling pressure across the cryptocurrency market, with Ethereum, XRP, and Solana also posting substantial...
Ether ETFs Shed $184.6M in a Day as BlackRock Leads Redemptions
The latest numbers from US spot Ether exchange-traded funds are another reminder that crypto’s institutional wrappers do not alway...
Visa Adds Monad to Stablecoin Settlement Options as Institutions Seek More Rails
Visa’s growing list of blockchain settlement options reportedly has a new entrant: Monad. According to a November 10 report citing...
Perplexity AI Predicts a Parabolic Rally for NEAR Crypto: Is a Triple-Digit Move Possible After CPI?
Something potentially significant could happen for NEAR Protocol by early 2027. Perplexity AI predicts a highly speculative, unlik...
US Bitcoin ETFs Lose $201M as BlackRock Withdrawals Extend the Slump
US-listed spot Bitcoin funds recorded another difficult session on Monday, November 9. The updated Farside Investors flow table sh...
Goldman, Citi and Other Banks Reportedly Fund $270 Million Stablecoin Initiative
The stablecoin venture that 21 financial firms unveiled in September has about $270 million in commitments from its backers, with...