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First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness

A Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000.

Crypto's bear market continues. (Olen Gandy/Unsplash)
Crypto's bear market continues. (Olen Gandy/Unsplash)