RE: Total stablecoins market cap is going sideways.

You are viewing a single comment's thread from:

Total stablecoins market cap is going sideways.

in hive-103599 β€’Β  last yearΒ 

πŸ“ˆ Navigating the waves of the crypto sea! Your insights into the total stablecoins market cap are like a compass for understanding the crypto market's liquidity – a true reflection of its M2. The correlation with the overall crypto market conditions makes perfect sense, and the recent signs of recovery hint at exciting possibilities.

The prospect of breaking the All-Time High next year is akin to unlocking new levels in the crypto game. It not only signifies a surge in stablecoins but potentially heralds a more bullish era for the entire crypto landscape. The anticipation of this upward trajectory is electrifying!

Your speculation on the trigger for increasing stablecoin supplies, especially linked to the approval of spot BTC ETFs, is a fascinating angle. Institutions gearing up for a more robust hedge against risks and the potential for settling funds to cash paints a vivid picture of the evolving crypto ecosystem.

Here's to the ebb and flow of the crypto market, and the intriguing journey that lies ahead! πŸš€πŸ’Ž

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!