Stablecoins in Focus: USDC vs USDT, Major Cryptos Slide Following Latest Powell Remarks

Bitcoin, major cryptos slide as markets digest hawkish remarks by U.S. Federal Reserve Chairman Jerome Powell. Meanwhile, traders are showing a stronger preference for the USDC stablecoin over Tether. Travis Kling of Ikigai Asset Management joins "First Mover" to share his markets analysis, stablecoins and more. Plus, CoinDesk's Nikhilesh De explains the role of crypto in Tuesday's primary elections.

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"First Mover," CoinDesk TV's flagship show, gives investors the top global market, business and regulatory news stories impacting digital assets. Hosted by CoinDesk's Christine Lee, Lawrence Lewitinn and Emily Parker, "First Mover" features daily dispatches from CoinDesk reporters and partners around the world and high-profile guests including top newsmakers, influencers, analysts, traders and trend watchers at crypto exchanges.