Latest / DeepMarket: Crypto Daily
2026-04-07：Ceasefire Short Squeeze Masks L1 Rot as $316 Billion in Stablecoin Powder Refuses to Deploy
What happens when 316 billion dollars of sidelined capital flat-out refuses to buy the dip? In this episode of DeepMarket, we unravel the bizarre paradox paralyzing the crypto markets. While a mechanical short squeeze pushes Bitcoin back toward 69,000 dollars, institutional money is hiding in high-yield stablecoins, spooked by sticky inflation and global tensions. Meanwhile, Ethereum faces an existential crisis. With layer two networks cannibalizing its fees, prediction markets now give Tether a shocking 60 percent chance of flipping Ethereum's market cap by year-end. Plus, we uncover the…
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