Record Stablecoin Liquidity Fuels Bitcoin’s Exit From Bearish Territory

1 week ago 5

Rommie Analytics

Record Stablecoin Liquidity Fuels Bitcoin’s Exit From Bearish TerritoryBitcoin has exited its bearish phase as improving liquidity conditions and record stablecoin reserves signal renewed market strength, according to a recent report by blockchain analytics firm Cryptoquant. Stablecoin Surge Signals Bitcoin Recovery, Cryptoquant Reports The total market capitalization of stablecoins reached a record high, a threshold historically linked to upward momentum for bitcoin ( […]
Read Entire Article