It has been observed that capital is returning to the crypto market, resulting in an increase in the amount of dollar (ERC20) stablecoins on exchanges. The year started with approximately $18 billion but it has now reached $20 billion, indicating a $2 billion inflow of capital into the crypto market. This inflow of capital is reflected in the prices of altcoins.

Additionally, there is a lot of hype surrounding Bitcoin spot ETFs which is expected to attract even more capital into the crypto ecosystem. Although the trend has been downward since the end of 2022, it remains unchanged in 2023.

However, there is a trend reversal predicted for as early as 2024. This trend reversal could lead to greater risk appetite, which will eventually favor digital assets as a whole.#BTC #etf #cryptocurrecny #BitcoinETF💰💰💰