Stablecoin market cap all-time high… Market liquidity recovery signal
The stablecoin market capitalization has surpassed $220 billion, reaching an all-time high. On-chain analysis firm CryptoQuant stated, "Liquidity is flowing back into the market, providing an important backdrop for Bitcoin to break free from its bearish trend."
The expansion of stablecoin market cap is typically closely related to the increase in inflow of funds into the cryptocurrency market. The growth trend of stablecoins, which are transaction-ready assets, suggests the possibility of funds being transferred to major cryptocurrencies like Bitcoin in the future. An increase in the issuance of stablecoins indicates that investors are preparing to re-participate in the market, which can act as a foundation for a market rebound as a whole.
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