$XRP #BinanceHODLerHYPER According to Glassnode, the volume of stablecoins (such as USDT, USDC) is still growing, but the pace of growth has slowed significantly in the past few weeks.
Since stablecoins are used as the main basis for crypto trading (such as buying and selling Bitcoin), their slow growth means that less new money is entering the market.
⚠️As a result, liquidity is decreasing in the entire market, and investors are now less willing to take risks — and are more interested in keeping their capital safe.
This situation is called a Risk-Off Environment, where everyone is cautious and investment in risky assets (such as Bitcoin) is reduced
📉 According to the chart above:
The total stablecoin market cap is now about $209 billion. The purple line on the right shows that the pace of supply growth has slowed
The price of Bitcoin has also been stable or slightly decreased
It is important to be patient for the big trend now!
#USDT #USDC #Bitcoin #RiskOff #CryptoLiquidity #GlassnodeData #CryptoUpdate
#CryptoBangla