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Analysis: The recent decline in the market value of stablecoins by $780 million may indicate a decline in market purchasing power

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2024-10-11 06:41:33
Chain analyst Ali Yu X wrote that the recent decline in the market value of stablecoins by $780 million indicates a decline in market purchasing power. This could lead to weaker demand for cryptocurrencies, which could lead to stagnation or even decline in prices.
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