Svmuu News Coinbase Institutional posted on X, stating that while the nonfarm payrolls data came in below expectations, the escalation of the Middle East conflict has brought inflation back into the market’s focus. The market is pricing in a “higher for longer” interest rate environment, with financial conditions for long-term risk assets tightening and the probability of a rate hike by year-end rising. Bitcoin The fact that prices fell by only about 2% amid this negative news may suggest a bottoming process is underway.Meanwhile, while the market capitalization of stablecoins has roughly doubled since January 2024, their volume—adjusted for real-world usage—has grown four to fivefold. This indicates that the velocity of stablecoin circulation is accelerating; they are no longer merely idle reserves or “dry powder,” but are increasingly being used for actual payments.