Crypto markets showed signs of near-term risk aversion on Wednesday ET, as capital rotated out of major assets such as Bitcoin (BTC) and Ethereum (ETH) while a larger pool moved into stablecoins—especially Tether (USDT)—pointing to a growing ‘wait-and-see’ stance among traders.
Data compiled by Cryptometer at 10:15 p.m. Tuesday ET (02:15 UTC Wednesday) showed that over the prior five hours, fiat inflows into the crypto market totaled roughly $18.45 million, led by the U.S. dollar at $14.37 million. Additional inflows came from the Korean won ($3.14 million), the Turkish lira ($1.15 million),… Read more
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Escalating US-Iran tensions threaten global oil supply stability, potentially driving inflation and impacting monetary policy and risk assets. The post US and Iran exchange strikes
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