According to Glassnode's data, the amount of stablecoins (such as USDT, USDC) is still increasing, but the pace of that increase has slowed significantly over the past few weeks.
Since stablecoins are used as the main basis for crypto trading (such as buying and selling Bitcoin), a slowdown in their growth means less new money is entering the market.
⚠️ As a result, overall market liquidity is decreasing, and investors are now hesitant to take risks — rather, they are more interested in keeping their capital safe.
This situation is referred to as a Risk-Off Environment, where everyone is cautious and investment in risky assets (such as Bitcoin) decreases.
📉 According to the chart above:
The total stablecoin market cap is now around $209 billion. The purple line on the right shows that the rate of supply increase has slowed.
The price of Bitcoin has also stabilized or decreased slightly.
It's crucial to maintain patience for the current major trend!
#USDT #USDC #Bitcoin #RiskOff #CryptoLiquidity #GlassnodeData #CryptoUpdate #CryptoBangla