Tether stablecoin flips Ether by market cap as ETH routs to $1.5K

60-second summary

Ether prices are currently plummeting to $1,500, retracing to crucial long-term support levels last seen in October 2023 and April 2025, sparking concerns about the asset's overall health. Tether's market capitalization has surpassed Ethereum's, a significant milestone that highlights the growing trust in stablecoins over traditional cryptocurrencies. Market volatility is on the rise.