Investment
Features
FeesSafety
Academy
More
Pluang+

Tether briefly surpasses Ethereum in market cap amid volatile crypto trading conditions

Market News
06 Jun 2026
Blockonomi
View Source
Neutral
pluang ai news

Ethereum's market capitalization has fallen to about $186.263 billion, while Tether's stablecoin market cap rose to approximately $187.05 billion, marking a rare flip where Tether overtakes Ethereum. This shift is driven by increased demand for stablecoins like USDT during risk-off market phases and liquidity shifts, alongside accelerated Ethereum derivatives liquidations. Despite this temporary change, Ethereum remains a leading smart contract platform, but the event highlights how stablecoin supply dynamics can impact market rankings during volatile periods.

More News (ETH)

Crypto industry struggles to attract top entrepreneurial talent, posing a challenge for innovation and growth.

Crypto industry struggles to attract top entrepreneurial talent, posing a challenge for innovation and growth.

The co-founder of Hyperliquid highlighted a significant challenge in the crypto industry: difficulty attracting top entrepreneurial talent who build and lead protocols. This talent shortage is seen as a structural issue across the sector, not limited...

Market News
Neutral
6 hours ago
Trader places $28M long straddle on Ethereum, betting on big price move by July 24 expiry

Trader places $28M long straddle on Ethereum, betting on big price move by July 24 expiry

A trader executed a large long straddle on Ethereum options, buying 15,000 contracts at a $1,875 strike price expiring July 24, 2026, with a notional value around $28 million and paying about $852,000 in premium. This strategy bets on significant pri...

Technical Signals
Neutral
7 hours ago
Ethereum nears $2,000 as a mini golden cross signals bullish momentum recovery.

Ethereum nears $2,000 as a mini golden cross signals bullish momentum recovery.

Ethereum is showing bullish momentum with a mini golden cross on its daily chart, where the 20-day EMA crossed above the 50-day EMA, signaling a potential recovery. The price has found support near $1,740-$1,776 and faces resistance around $1,900-$1,...

Technical Signals
Bullish
11 hours ago
T. Rowe Price launches $15M crypto ETF including XRP and Dogecoin, signaling growing institutional interest in altcoins.

T. Rowe Price launches $15M crypto ETF including XRP and Dogecoin, signaling growing institutional interest in altcoins.

T. Rowe Price, managing nearly $2 trillion in assets, launched its first actively managed multi-token crypto ETF (TKNZ) with $15 million initial capital. The ETF includes Bitcoin (41%), Ethereum (18.4%), XRP (9.37%), and Dogecoin (1.28%), marking sig...

Market News
Bullish
16 hours ago
Bitcoin steadies near $64,000 amid positive ETF inflows despite broader crypto declines.

Bitcoin steadies near $64,000 amid positive ETF inflows despite broader crypto declines.

Bitcoin held steady around $64,000 as spot Bitcoin ETFs saw net inflows of $79.2 million, even while other major cryptocurrencies like Ethereum, XRP, and Dogecoin dropped about 1% amid macroeconomic risk-off sentiment. Market data showed significant ...

Market News
Neutral
19 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App