According to a crypto trader, the second-largest stablecoin, USDC, is in major trouble. The Fed’s hawkish stance has resulted in a sell-off in the entire crypto market.
You missed
BTC/USD$ 96,626.89 0.94%
ETH/USD$ 3,587.19 0.42%
USDT/USD$ 1.00 0.20%
SOL/USD$ 241.94 0.61%
BNB/USD$ 658.59 0.99%
XRP/USD$ 1.55 5.97%
DOGE/USD$ 0.406829 0.91%
USDC/USD$ 1.00 0.12%
ADA/USD$ 1.05 4.06%
STETH/USD$ 3,584.33 0.32%
AVAX/USD$ 43.38 0.42%
TRX/USD$ 0.20209 0.87%
TON/USD$ 6.38 0.84%
WSTETH/USD$ 4,255.67 0.35%
SHIB/USD$ 0.000026 0.41%
XLM/USD$ 0.49204 1.38%
WBTC/USD$ 96,336.81 0.78%
DOT/USD$ 8.57 4.28%
LINK/USD$ 17.84 1.36%
WETH/USD$ 3,587.98 0.32%
BCH/USD$ 513.04 0.06%
SUI/USD$ 3.45 1.25%
PEPE/USD$ 0.00002 2.23%
NEAR/USD$ 6.82 2.06%
LEO/USD$ 8.57 1.56%
UNI/USD$ 12.60 0.52%
LTC/USD$ 96.53 0.24%
WEETH/USD$ 3,781.51 0.33%
APT/USD$ 12.77 1.30%
HBAR/USD$ 0.148826 7.45%
ICP/USD$ 11.49 1.45%
USDS/USD$ 1.00 0.06%
CRO/USD$ 0.185822 5.61%
ETC/USD$ 31.67 0.77%
POL/USD$ 0.565974 0.85%
TAO/USD$ 598.84 6.48%
RENDER/USD$ 8.49 2.82%
FET/USD$ 1.60 9.02%
USDE/USD$ 1.00 0.08%
KAS/USD$ 0.151214 0.18%
ARB/USD$ 0.908757 2.25%
DAI/USD$ 1.00 0.14%
TIA/USD$ 8.10 3.49%
FIL/USD$ 5.74 0.47%
BONK/USD$ 0.000046 3.54%
STX/USD$ 2.28 0.68%
VET/USD$ 0.042061 0.21%
WBT/USD$ 23.43 1.19%
OM/USD$ 3.62 4.81%
ATOM/USD$ 8.24 1.59%