The Uptober rally, typically associated with Bitcoin's performance, is now encompassing stablecoin yield products and tokenized real-world assets (RWAs), according to analysts. Andrei Grachev from Falcon Finance notes a shift in capital towards safer income opportunities, moving beyond altcoins and DeFi, indicating a more diversified market landscape. Additionally, a recent decline in gold prices has historically been a precursor to renewed strength in risk-on assets, such as Bitcoin and altcoins.
Stablecoins and RWAs Join Bitcoin in Uptober Rally
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
