๐ง๐ต๐ฒ 90-๐ฑ๐ฎ๐ ๐ฐ๐ต๐ฎ๐ป๐ด๐ฒ ๐ถ๐ป ๐ฆ๐๐ฎ๐ฏ๐น๐ฒ๐ฐ๐ผ๐ถ๐ป ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐๐ฎ๐ฝ ๐ฟ๐ฒ๐๐ฒ๐บ๐ฏ๐น๐ฒ๐ ๐๐ต๐ฒ ๐ณ๐ถ๐ฟ๐๐ ๐ฝ๐ฒ๐ฎ๐ธ ๐ถ๐ป 2021
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Although the total value of stablecoins keeps growing โ now surpassing $231 billion โ 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. Thatโs because the amount of stablecoins available is so significant that liquidity naturally flows into Bitcoin and altcoins during bullish periods.
โ ยฉ Alphractal
