The crypto market is seeing a capital flight into dollar-linked stablecoins even as stocks and the Dollar Index remain calm. BTC's dominance rate has reversed the April spike amid the price sell-off to $67,000. At the same time, demand for dollar-pegged stablecoins has surged, with USDT and USDC's market shares rising to multi-month highs. This rotation into stablecoins echoes previous crypto sell-offs, but it contrasts with traditional markets, where U.S. stocks are near record highs…
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