Ether's rollercoaster ride continues! đą ETH slipped to $3,337, wiping out recent gains, as Bitcoin took a 4% tumble. Despite this, Ether's derivatives market is still wearing its rose-tinted glasses, eyeing the $4,000 mark. Meanwhile, China's stablecoins are playing it cool, sticking to the US dollar rate like glue.
Even with a 9.5% dip, Ether's not aloneâgold's been feeling the blues too. Investors are cashing in, pushing the US dollar index to a two-year high. But fear not, Ethereum's total value locked is holding strong, with DApps like Ethena and Morpho on the rise. Hold tight, crypto enthusiasts!
