Record Stablecoin Liquidity, Spike in BTC Transactions Could Fuel Bitcoin Price Surge
Most crypto spot and futures trading are conducted against stablecoin pairs - and an increase signals capital parked on the sidelines to deploy on favorable catalysts.
Stablecoin market capitalization has steadily reached $169 billion led by USDT and USDC, with the increase preceding price movements in past cycles.
Historical data suggests a positive correlation between...