All-time high in stablecoin value anticipates rise in bitcoin
The market capitalization of stablecoins reached $190 billion, marking a new all-time high (ATH). This is a factor that favors bullish expectations for bitcoin (BTC), which was close to exceeding the $100,000 line. This is because, historically, there is a correlation between the market capitalization of stablecoins, BTC and cryptocurrencies. Many investors often buy stablecoins … Read more