Solana broke record with 130,000 million in market capitalization.
In Venezuela, Stablecoins such as USDT reign in 47% of retail payments.
The digital asset market lived a roller coaster after the announcement of the United States Federal Reserve (Fed), in the week that closed this September 19. The president of the entity, Jerome Powell, cut the interest rates at 25 basic points, and just after Bitcoin (BTC) reacted with volatility, falling from 116,000 to 114,900 dollars in minutes, although he later regained ground.
The decision to cut interest rates, according to Powell, responded to a moderate cooling of inflation and signs that the labor market continues strong. He added that this movement is “a step towards a more neutral monetary policy.”
While the market assimilated the Fed position, The Altseason continued to consolidate with structural force. Solana (Sol) starred in this upward cycle, breaking a historical record with a market capitalization that exceeded 130,000 million dollars, despite the fact that its unit price did not reach historical maximums due to its inflationary model.
In Latin America, the need is forging new digital trenches. Venezuela, for example, is erected as a case study, where stablcoins manage 47% of payments less than 10,000 dollars, driven by hyperinflation and the devaluation of the bolivar.
However, the increase in adoption brings security challenges, underlining the importance of financial education. In Spain, the National Police dismantled an organization that used cryptocurrencies for millionaire scams, pretending to be bank employees and using advanced techniques to evade detection.
The seizure of 7,500 euros in cryptoactive and 30,000 in cash, after affecting 273 people, with almost a million euros in losses, reinforces the critical narrative that the inherent traceability of cryptocurrency networks can be a tool for justice. However, education and cybersecurity are indispensable shields in a market that attracts both innovative and fraudsters.
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