Strong earnings season $TRUMP
geopolitical risks for now, one trader said, as equities and crypto markets "stopped caring" about Iran war headlines.
Bitcoin $BTC 77,988.42 held above $77,000 on Friday,
consolidating after hitting its strongest level since early February earlier in the week.
The largest cryptocurrency is up about 13.6% in April, putting it on track for its best monthly performance in a year, according to Coin Glass data. The rebound follows a rough stretch, with crypto markets logging their longest losing streak since 2018, posting consecutive monthly declines from October through February.
The supply of Tether's $USDT $1.0001, the largest and most popular stable coin, has surged to just under $150 billion, adding about $5 billion over the past two weeks after months of stagnation. That matters because stable coin. cryptocurrencies tied to fiat money like the U.S. dollar — act as liquidity in crypto market.
