bitcoinist.com (nprofile…le2g)
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On-chain data shows the stablecoins have been witnessing a slowdown in growth recently. Here’s what this could imply for Bitcoin and other cryptos. Stablecoin Market Cap Still Rising, But At A Much Slower Rate In a new post on X, the on-chain analytics firm Glassnode has talked about the latest trend in the market cap […]
https://bitcoinist.com/stablecoin-growth-is-slowing-down-what-it-bitcoin/
bitcoinist.com / Bitcoinist
npub1mv…52zuc
2025-04-18 14:03:33
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wss://articles.layer3.newsPublished at
2025-04-18 14:03:33Event JSON
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"The article discusses the recent trend in the market cap of stablecoins, which has been rising but at a much slower rate. This slowdown could imply a broad contraction in digital asset liquidity and a more risk-off environment. The stablecoin market cap is seen as a measure of available dry powder waiting on the sidelines for BTC and other volatile digital assets. The article also mentions the Bitcoin Coinbase Premium Gap, which has been making some recovery recently, potentially indicating a positive sign for the asset."
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