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TechFlow reports that the total supply of the three major stablecoins (USDT, USDC, and DAI) has increased to $141.42 billion, the highest level since May 2022.
Data indicates continued capital inflows into the cryptocurrency market. Bitcoin's market capitalization has surpassed $73,500, though its current price stands at $66,300 due to reduced expectations of a Federal Reserve rate hike in June.
The combined supply of the three major stablecoins (USDT, USDC, and DAI) has increased to $141.42 billion, reaching the highest level since May 2022, indicating continued capital inflows into the cryptocurrency market. Bitcoin's market capitalization has surpassed $73,500, although its current price stands at $66,300 amid diminishing expectations of a Federal Reserve rate hike in June.
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