Bitcoin, Ethereum Slide as Stablecoin and Derivatives Activity Signals Rising Volatility

The cryptocurrency market moved broadly lower Thursday, with Bitcoin (BTC) and Ethereum (ETH) both posting near-3% declines as trading activity shifted toward ‘stablecoins’ and derivatives—often a sign that investors are bracing for higher volatility and tightening risk exposure.

According to TokenPostMarket data, Bitcoin was changing hands at $60,722, down 2.98% over the past 24 hours. Ethereum fell 2.64% to $1,619 over the same period. The pullback weighed across most large-cap tokens, reinforcing a risk-off tone in spot markets.

Among major altcoins, XRP (XRP) slid 3.15%, BNB (BNB) lost…  Read more

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