Bitcoin Dominance Rises Amid Stablecoin Growth and Market Volatility Following U.S. Senate Legislation
The post Bitcoin Dominance Rises Amid Stablecoin Growth and Market Volatility Following U.S. Senate Legislation appeared on BitcoinEthereumNews.com. June witnessed a notable surge in stablecoin activity, driven by regulatory advancements and sustained market interest, marking a pivotal moment for crypto adoption. Despite geopolitical tensions and market volatility, Bitcoin’s dominance strengthened, while crypto-related firms leveraging Bitcoin treasury strategies delivered exceptional returns. According to Binance Research, the passage of the Genius Act in the U.S. Senate was instrumental in boosting stablecoin issuance, with Circle’s USDC leading the market. Stablecoins surged to $253.7B in June amid new U.S. legislation, while Bitcoin dominance hit 65%, reflecting resilience despite geopolitical volatility. ‘, ‘
The post Bitcoin Dominance Rises Amid Stablecoin Growth and Market Volatility Following U.S. Senate Legislation appeared on BitcoinEthereumNews.com.
June witnessed a notable surge in stablecoin activity, driven by regulatory advancements and sustained market interest, marking a pivotal moment for crypto adoption. Despite geopolitical tensions and market volatility, Bitcoin’s dominance strengthened, while crypto-related firms leveraging Bitcoin treasury strategies delivered exceptional returns. According to Binance Research, the passage of the Genius Act in the U.S. Senate was instrumental in boosting stablecoin issuance, with Circle’s USDC leading the market. Stablecoins surged to $253.7B in June amid new U.S. legislation, while Bitcoin dominance hit 65%, reflecting resilience despite geopolitical volatility. ‘, ‘
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