𝗧𝗵𝗲 90-𝗱𝗮𝘆 𝗰𝗵𝗮𝗻𝗴𝗲 𝗶𝗻 𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 𝗠𝗮
Techandtips123
Updated at: 9 hours ago
{"content":"𝗧𝗵𝗲 90-𝗱𝗮𝘆 𝗰𝗵𝗮𝗻𝗴𝗲 𝗶𝗻 𝗦𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻 𝗠𝗮𝗿𝗸𝗲𝘁𝗖𝗮𝗽 𝗿𝗲𝘀𝗲𝗺𝗯𝗹𝗲𝘀 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗽𝗲𝗮𝗸 𝗶𝗻 2021
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Although the total value of stablecoins keeps growing — now surpassing $231 billion — the 90-day variation shows a slight decline, signaling lower interest in altcoins in the short term.
But watch out: if this curve starts rising again, it could drive crypto prices higher, just like it did in July 2021. That’s because the amount of stablecoins available is so significant that liquidity naturally flows into Bitcoin and altcoins during bullish periods.
❍ © Alphractal
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