Bitcoin slid to just over $56,000 after Kamala Harris was perceived to have bettered Donald Trump in their first presidential debate. BTC recovered to over $56,500 during the European morning, but remained around 1.3% lower over 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index, dropped about 1%. The Japanese yen rallied to 140.70 per U.S. dollar, its strongest since January, appreciating beyond the early August level of 141.68 in a sign of a move away from riskier assets. The yen picked up a strong bid in late July after the Bank of Japan hiked interest rates for the first time in decades.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...