News
Fed week market outlook: stablecoins shrink, AI bubble deflates, gold ETFs buy despite crash
• Stablecoin market cap falls $2.19 bn as USDT and USDC outflows hit $1.17 bn • Ed Yardeni says AI bubble is slowly deflating amid tighter bond financing • ChangeNOW exec highlights revenue challenges for small crypto wallets at TOKEN2049 • Bitcoin hovers near $80k ahead of Fed and BoJ decisions, stablecoin supply contraction noted • Bitunix reports ~80% of top 300 tokens lost value early Oct, with STRK down 39.2% • Gold price drops 25% since US‑Iran conflict but gold ETFs attracted $31 bn in Q3