Li44

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The cryptocurrency market is experiencing a strong decline: over $160 billion in capitalization has been lost in recent days.

The crypto market is under pressure: Bitcoin is down ~2–3 % today.

AltCoins generally look weaker than BTC / ETH due to the overall market weakening and fear of further plummet.

Tether has appointed a new business director - a former head from Google/Limestone. This demonstrates the company's commitment to broader diversification of its activities.

A good position if the price remains steadily above the support ( while the important level is ~$112-113k for BTC).
• Ethereum and some altcoins may have growth potential, especially when speculative pressure subsides and more "fundamental" demand appears for DeFi, NFT, Web3 projects, etc.
• Investing through ETFs/funds can be less risky than directly holding altcoins or participating in speculative tokens.

today's plummet does not in itself mean the end of growth, but indicates that the market is overheated and needs cooling.

Trust Wallet has published an updated roadmap (, which aims to strengthen the use of TWT as a utility token within the Wallet ecosystem.

Bitcoin (BTC) is trading at approximately 115,785 USD, with a slight plummet.
• Ethereum (ETH) at a level of ~ 4,465 USD, also with a slight plummet.
• The market as a whole is experiencing some stability, but there are traces of uncertainty - investors are awaiting news on regulation, taxes, and sanctions.

TWT (Trust Wallet Token) now:
• Price ≈ 0.94 $
• In a day: +1.7%
• Market capitalization: ≈ 400 million $
• Trend: slight increase after the drop.

Global and regulatory trends
• A decision is expected from the U.S. Federal Reserve (Fed) regarding interest rates — the market is actively reacting to the possibility of a reduction, which supports crypto. 
• Citi analysts predict that Ethereum could be worth around $4,300 by the end of the year with the possibility of higher figures if the market performs well.

Citi predicts that by the end of the year, ETH could reach $4,300 ( under a certain pessimistic/realistic scenario ), and with greater optimism — up to ≈ $6,400.

• In the USA, expectations for a decrease in interest rates have begun, which positively affects cryptocurrency quotations — as it reduces the cost of money and increases the appetite for risky assets.
• For BTC, it is critical to close the week above the level of ~$114,000 — this will signal that there is strength for further growth.
• Legislative steps are underway in Ukraine: the first reading of the draft law on the legalization of cryptocurrencies and the introduction of taxation has already taken place.

Tether is preparing a new stablecoin USAT for the USA
Its release is planned for the end of the year, as part of Tether's strategy to expand its presence in the US market.

New stablecoin from Tether
The company plans to launch a new U.S.-based stablecoin — USAT, which will comply with the new regulations in the U.S., particularly the GENIUS Act.

Many analysts believe that we are currently in a consolidation phase after a strong rise: the price of Bitcoin fluctuates between ~$104,000-114,000.
• If BTC does not hold the level of ~$114,400 (resistance), there may be a pullback to ~$113,000.

The total market capitalization of cryptocurrencies has fallen slightly below $4 trillion, to approximately $3.99 trillion. About 80 out of 100 leading coins have decreased in the last 24 hours.
• The social sentiment among traders is negative (“fear”), but analysts say this may be a temporary phenomenon.

Overall situation
• The total market capitalization of cryptocurrencies reached approximately $3.88 trillion, with a growth of +1.2% over the last day. The trading volume is $106 billion, of which 95.9% are stablecoins.
• According to other data, the market is estimated at $3.94 trillion, the application is about 0.5% .

— Dad, did you buy me a bicycle?
— No, son, I invested in crypto, and when it grows, I will even buy you a motorcycle!
— Class! Where is this crypto now?
— At the bottom… along with your bicycle.