Data: Stablecoin circulating market cap returns to $305 billions, with a cumulative increase of 0.8% recently
According to ChainCatcher, citing DefiLlama data, the total market capitalization of stablecoins reversed its downward trend over the past week, with the circulating market cap now at $305.578 billions, an increase of 0.8%.
USDC was the main source of this growth, with its circulating market cap increasing by 3.31% over the past week.
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Goldman Sachs strategists have lowered their 12-month target for South Korea's KOSPI Index from 12,000 points to 9,000 points, representing a 25% decrease. Earlier this year, Goldman had raised the target multiple times. The latest downgrade is due to mounting concerns in the market over artificial intelligence (AI) trading.
AI investment has not ended; wealth is simply being redistributed.
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