Odaily星球日报讯 DefiLlama 数据显示，稳定币总市值突破 1650 亿美元，当前为 1650.85 亿美元，7 日增幅为 0.78%；其中 USDT 市值为 1150.82 亿美元，市占率达 69.71%；USDC 市值为 341.25 亿美元，7 日增幅为 3.48%。

稳定币总市值突破1650亿美元，其中USDT市值超1150亿美元

Odaily Odaily reported that DefiLlama data showed that the total market value of stablecoins exceeded 165 billion US dollars, and is currently 165.085 billion US dollars, with a 7-day increase of 0.78%; among them, the market value of USDT is 115.082 billion US dollars, with a market share of 69.71%; the market value of USDC is 34.125 billion US dollars, with a 7-day increase of 3.48%.

The total market capitalization of stablecoins has surpassed $165 billion, with the market value of USDT exceeding $115 billion.

According to CoinGecko data, the current total cryptocurrency market capitalization is $20.67 billion, with a 24-hour increase of 2.1%. Additionally, BTC's market dominance is 53.5%, and ETH's market dominance is 14.3%. Furthermore, according to Coinglass data, the total liquidations in the past 24 hours amounted to $189 million, with $92.42 million in long liquidations and $96.74 million in short liquidations.

Over the past 24 hours, the entire network experienced a $189 million long and short double explosion, and the total cryptocurrency market capitalization rose to $2.067 trillion.

[Interest rate cut]
On August 5th, the Bank of Japan's interest rate hike caused a violent shock in the global financial market, with the Japanese stock market and the US stock market both crashing, and the cryptocurrency market's Bitcoin panic index soaring by nearly 70%. Stock markets in multiple countries experienced circuit breakers, and even European and emerging markets were clearly affected. Under immense market pressure, people began to seek remedies and called for the Federal Reserve to cut interest rates to rescue the market. The Federal Reserve's interest rate hike may come soon, which means that something "bigger" than the Bank of Japan's interest rate hike is about to arrive. Can this bring Bitcoin back to a bull market?

01
Why is the Federal Reserve's influence so great?
1) What is the Federal Reserve?

Reviewing the history of the Federal Reserve's interest rate cuts, can this round of rate cuts bring Bitcoin back to the bull market?

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