Two hours ago, USDT continued to issue 1 billion! Stablecoin reaches a historical high, BTC and ETH bullish comeback?
Just now, Tether Treasury issued 1 billion USDT on the TRON network. I delved into the data and found that USDT has already issued 11 billion this year, while the total issuance of stablecoins across the network has approached 30 billion this year! Reaching 234.7 billion is a huge divergence from the continuously plummeting market this year!
1. The incremental funds entering the cryptocurrency space are clearly from the rich, not the poor or middle class. After this year, the wealth gap will rapidly widen!
2. In this cycle, Wall Street's control over the cryptocurrency space is extremely ruthless. Aside from the profits of the manipulators themselves, it has essentially nearly bankrupted all classes — project teams, market makers, exchanges, and retail investors are all affected.
3. The previous crashes in the cryptocurrency market were caused by industry-specific issues; however, this year's decline is mainly due to two actions led by Trump: first, the issuance by Trump disrupted the normal market in crypto, siphoning off liquidity, and also destroyed the hottest meme track of this bull market.
Second, Trump's chaotic tariff policies and the China-U.S. trade tensions have adversely impacted the global financial market, continuing to drive down the cryptocurrency market.
4. Currently, the only publicized incident of a crash in the cryptocurrency space is the theft at Bybit, along with some market makers withdrawing their investments in certain tokens. From what I understand, many small exchanges are also nearing bankruptcy and have started to misappropriate funds, although this has not yet been disclosed. It is important to emphasize that everyone should still pay attention to fund safety!
5. So what is the conclusion of this article? The global middle class is being diluted, and future classes may only consist of the rich and the poor. At this moment, the wealthy in the cryptocurrency space are still continuously entering to pick up bloodied chips; I believe they have already picked up nearly enough in the past three months.
#中美贸易关系 #加密市场反弹 #MichaelSaylor暗示增持BTC $BTC $ETH $SOL
April 21, 2025 “Crypto 24” Issue 52
