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Tether's market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.

The crypto exchange joins a number of crypto payment providers enabling customers to pay with crypto.

The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. Its market value was $1.2 trillion at the end of 2023. Meanwhile, Apple continued to lead global companies in market value, nearing a historic $4 trillion valuation.

The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum.

South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week.

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The record bullish skew in MSTR options has disappeared as the bitcoin tailwind driven by the Treasury asset narrative loses momentum.