ChainCatcher, citing Cointelegraph, reported that Bernstein analysts said USDC is showing signs of “digital dollar reflation.” The firm said USDC supply rose by $2 billion over seven days. Bernstein kept an Outperform rating on Circle (CRCL) with a $140 price target and said USDC’s trading volume share has moved ahead of USDT. The report did not provide further details.
ChainCatcher, citing Cointelegraph, reported that Bernstein analysts said USDC is showing signs of “digital dollar reflation.”
The firm said USDC supply jumped by $2 billion over seven days. Bernstein also maintained an Outperform rating on Circle (CRCL) and set a $140 price target.
Bernstein said USDC’s trading volume share has moved ahead of USDT.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
