Since the interest rate cut, the total market value of cryptocurrencies has lost $60 billion, and trading volume has surged

ChainCatcher news, according to Jin10, since the interest rate cut, the total market value of cryptocurrencies has lost $60 billion. The cryptocurrency trading volume in the Asia-Pacific region has surged to $2.36 trillion in the past 12 months, an increase of 69%. The U.S. Treasury has initiated the formulation of stablecoin regulatory rules under the GENIUS Act, and the CEO of Tether stated that the market value of USDT has surpassed $172 billion, setting a new record.