Crypto News, July 12: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm

The stablecoin market has lost more than $10 billion since May, but it might not be a warning sign. Instead, money is flowing into memecoins as investors chase higher returns on Robinhood chain. Bitcoin, Ethereum, and the CLARITY Act are now driving price sentiment, with lawmakers expected to unveil an updated version of the bill […]

The post Crypto News, July 12: Stablecoin Market Cap Drops Amid Memecoin Rotation as CLARITY Act Advances, Bitcoin and Ethereum Price Hold Firm appeared first on Cryptonews.