The cryptocurrency sector has lost nearly 6 billion dollars within a month.
Recently, I have seen many friends discussing how so many large-scale IPOs in the traditional world have drained funds from the crypto space, resulting in declines including Bitcoin: native. I checked the data and indeed found that the total market capitalization of USDT and USDC has decreased by 6 billion dollars in a month.
At that time, the total market capitalization of the two stablecoins was 267.56 billion dollars, and 6 billion dollars is equivalent to 2.2% of the total.
The last time such a large-scale capital outflow occurred, Bitcoin's price fell from 96,000 dollars to 60,000 dollars. Of course, both of these capital outflows are closely related to the macro politics of the United States and are somewhat connected to Iran.
It is very likely that this is due to the expectation of rising oil prices driving up inflation in the United States, leading to partial capital withdrawal.
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