4E Exchange: US stocks surged in August, the crypto market is sluggish, and high-yield USDT financial products are favored

2024-09-04 11:09:37

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ChainCatcher news, according to 4E Exchange monitoring: U.S. stocks performed well in August, with the Nasdaq, Dow Jones, and S&P 500 rising by 4.1%, 2.0%, and 3.9%, respectively. The cryptocurrency market performed poorly, with Bitcoin down 10.25% and Ethereum down 23.66%, while many altcoins hit historical lows. However, the supply of stablecoins increased against the trend by 2.9%, reaching $148.4 billion, with USDT and USDC holding market shares of 78.7% and 17.4%, respectively. Notably, the 5.5% annualized yield USDT financial product launched by eeee.com has attracted investor attention. 4E Exchange points out that amidst the panic in the crypto market, U.S. stocks and high-yield USDT financial products provide investors with new asset allocation options. Investors are advised to weigh risk and return and make informed decisions based on personal financial goals.

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