PayPal has expanded its stablecoin PYUSD to 70 countries/regions, positioning it as a regulated competitor to Ripple's stablecoin RLUSD. Meanwhile, 237 billion Shiba Inu tokens have flowed out of exchanges in large quantities to private wallets, signaling potential supply tightness for Shiba Inu. Citigroup analysts have lowered their cryptocurrency forecasts for the next 12 months, reducing Bitcoin's price target to $112,000 and Ethereum's price target to $3,175, citing delays in U.S. cryptocurrency legislation processes. The overall market remains balanced, with market focus concentrated on upcoming Federal Reserve policy decisions and guidance.

PYUSD-0.08%
SHIB-1.07%
BTC0.73%
ETH0.2%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin