Escalating geopolitical tensions in East Asia: A structural growth cycle for stablecoins, RWA, and on-chain yields. | Bee Network
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Original source: Wall Street News U.S. stocks experienced a “Black Tuesday,” with CEOs of several major Wall Street banks publicly warning of a potential market correction , igniting investor anxiety. The Nasdaq and S&P 500 indexes recorded their biggest single-day declines in nearly a month, with technology stocks and high-valuation stocks being the hardest hit. Six of the seven tech giants fell, and the Philadelphia Semiconductor Index plunged 4%. Cryptocurrencies have suffered consecutive days of sharp declines amid dampened risk sentiment. Bitcoin fell below the $100,000 mark for the first time since June, while Ethereum plummeted by 10%. According to Coinglass, 342,000 people were liquidated in the past 24 hours, with liquidations exceeding $1.3 billion, of which long positions accounted for 85% of the losses. For retail investors who are…# 분석# 암호# 교환# 마켓# 토큰# 도구# 웹3上一篇
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- TL;DR: Demand for stablecoins is rising. Businesses and individuals are increasingly relying on