Analysis: Stablecoin supply growth suggests Bitcoin bull cycle may not be over yet

PANews reported on March 14 that IntoTheBlock posted on the X platform: "Stablecoin data shows that the crypto market has not peaked. Historically, the peak of stablecoin supply coincides with the high point of the cycle. In April 2022, the supply reached $187 billion - just as the bear market began. Now it has reached $219 billion and is still rising, which suggests that we may still be in the middle of the cycle."

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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