Stable coins gaining strength amid Russia Ukraine war

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Hello lovely people of HIVE community. Hopefully you will be enjoying your life with good health and spirit. Crypto market is one of the most volatile market of the world. Situation of the market has become even more tougher after Russia Ukraine war.
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Unrest between two countries created FUD in the market and market observed bearish trend. Bearish trend increased stable coins investment in crypto market.

Interestingly, five stable coins are included in top 18 crypto market coin. USDT is at third place with a market cap of $80 Billion. USDC coin is not far behind. Coin grabbed the fifth rank with a market cap of $52.3 Billion.

Big shifting of investment towards stable coin reveals that people are afraid of taking risk. I hope, thing will become better at the end of war. War is not a solution. We need to make this world peaceful for our future generation. Let's hope for the best.

This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.

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2 comments
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We just hope for better days ahead and the war between both countries should end

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War is not good thing for the people as well as other living things, I hope this war will be end soon.

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