Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $ 160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds Steady With Little Growth Following a period …
Bitcoin Stabilizes Over $42,000 as Crypto Fear and Greed Index Shifts to Neutral
Recently fluctuating within the realms of “greed” and “extreme greed,” the Crypto Fear and Greed Index transitioned into a “neutral” phase on Sunday, Jan. 28, 2024. This shift coincides with bitcoin’s value jumping slightly over $ 42,000. In the preceding week, bitcoin experienced a subtle rise, approximately 1.5%, in comparison to the U.S. dollar. …
Ethereum Technical Analysis: ETH Stabilizes in a Narrow Range
Today’s trading session commenced with ethereum oscillating between $ 2,480 and $ 2,532 in the past hour, enclosed within a daily range of $ 2,472 to $ 2,544. This restricted range hints at a brief stabilization period after a spell of recent market swings. Ethereum maintains a strong market capitalization of …