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Bitsky000

06/21 17:09

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. AD 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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