On September 4th, according to the monitoring of 4E Exchange, US stocks performed well in August, with the Nasdaq, Dow, and S & P 500 rising 4.1%, 2.0%, and 3.9% respectively. The cryptocurrency market performed poorly, with Bitcoin falling 10.25%, Ethereum falling 23.66%, and many counterfeit products hitting record lows. But stablecoin supply bucked the trend and rose 2.9% to $148.40 billion, of which USDT and USDC had market shares of 78.7% and 17.4% respectively.
It is worth noting that the 5.5% annualized yield USDT wealth management products launched by the eeee.com attracted investors' attention. 4E Exchange pointed out that in the context of the crypto market panic, US stocks and high-yield USDT wealth management products provide investors with new asset allocation options.
Investors are advised to weigh the risks and benefits and make informed decisions based on their personal financial goals.
4E Exchange: US stocks rose strongly in August, crypto market was sluggish, and high-yield USDT wealth management products were favored
2024-09-04 03:06:08
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