Multiple cryptocurrencies are experiencing dynamic changes, with market value losses coexisting with a surge in trading volume

ChainCatcher news, according to Jin10 reports, since the interest rate cut, the total market value of cryptocurrencies has lost $60 billion. The cryptocurrency trading volume in the Asia-Pacific region surged to $2.36 trillion in the past 12 months, an increase of 69%. The U.S. Treasury has initiated the development of regulatory rules for stablecoins under the GENIUS Act, and Tether's CEO stated that the market value of USDT has surpassed $172 billion, setting a new record.