Stablecoins Gain Ground as Bitcoin Loses Some Shine
Traders are shifting money back into stablecoins like USDT and USDC instead of keeping it in bitcoin. This shift shows up in their market shares. Bitcoin’s slice of the crypto pie dropped from 61. 2% to 60% since early May. Meanwhile, USDT’s share rose from 7% to 7. 5%, and USDC climbed from 2. 8% t