Non-USD stablecoins hit $2B ATH – Why altcoins sti
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Non-USD stablecoins hit $2B ATH – Why altcoins still look weak
Any asset crash tends to ripple through the broader market quickly.
The recent Humanity Protocol [H] drawdown of over 85% on the 8th of June appears to have hit at an especially fragile point in the cycle.
On the macro side, large-cap assets are already hovering near multi-month lows, repeatedly testing key support levels and putting overall market conviction under significant stress.
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Against this backdrop, the move in the H crypto token has only added pressure. Ethereum [ETH], for example, has been down more than 40% this cycle, roughly 2x weaker relative to Bitcoin [BTC].
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