Altcoins outpace bitcoin as celestia jumps 16%, Warsh silent on interest-rate plans
Celestia jumped 16%, injective rose 7.7% and layerzero added 7.3% while bitcoin held little changed near $82,100 and Fed Chair Warsh gave no sign on interest rates.
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- Bitcoin was little changed since midnight UTC near $82,100 after bouncing from a dip to about $81,600 at around 03:30 UTC.
- Celestia jumped 16%, injective rose 7.7% and layerzero added 7.3%, leaving more than two-thirds of CoinDesk 100 members higher and the CoinDesk 5 flat.
- Fed Chair Kevin Warsh declined to signal what the central bank will do later this month, and the odds of an October interest-rate increase fell to about 15% from almost 30%.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
