Huo Xing Finance reports that, according to market data, USDT’s market capitalization briefly surpassed ETH this morning. ETH’s market cap fell below $190 billion to $186.66 billion, recording a decline of over 13% in the past 24 hours, while USDT’s market cap stood at $187.4 billion.
USDT market cap temporarily surpasses ETH as ETH falls below $190B
MarsBitShare
Summary
The ETH market update shows a sharp decline, with ETH’s market cap falling from above $190 billion to $186.66 billion—a drop of more than 13% in 24 hours. Meanwhile, USDT’s market cap briefly reached $187.4 billion, surpassing ETH. According to market data, this shift occurred earlier this morning. ETH’s price continues to face pressure as stablecoins gain relative strength.
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