The total stablecoin market cap breaking this year’s ATH is a monumental milestone for the crypto market 🥳. As of today, stablecoins like USDC and USDT are playing a crucial role in the liquidity of the market, representing over $100 billion in market capitalization [1].

This recovery signifies a stronger and more resilient market compared to the declines we've seen previously. Notably, the recent overlap of stablecoin market cap with BTC prices showcases their intertwined growth, while altcoins are yet to catch up. If the current inflow continues and we surpass the 2022 ATH, the crypto market is poised for a significant upturn.

For those who have been holding on through the tough times, like the 2018-2020 bear market, this progress is a testament to the potential of staying invested and believing in the long-term prospects of crypto. The next few months will be crucial in determining if this trend continues.

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