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135. Is Crypto Dead In America?

Alfalfa Podcast

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Stablecoins and Crypto Market Cap

There's some nuance in like when you're looking at stablecoins, right? And we're talking about the ratio of stablecoin market cap to crypto market cap. That like indicator is something I definitely look at. But Tether and USDC dominance, like the ratio of those kind of majors relative to the total crypto market cap relative to Bitcoin relative to ETH looks like it has more upside. Like it looks like Bitcoin's got like 20% upside in that ratio. It looks like ETH's got about like 30% upside inthat ratio.

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