Trust Editorial Content, reviewed by industry leaders and experienced editors. Disclosure of ads
The encryption market has been struggling to win impulse in recent weeks, with Bitcoin and the major alternatives that fall to the new minimums in this cycle. The price action has been far from encouraging, leaving many merchants by questioning whether the market It has already reached its peak. However, a look closer to Stablecoin’s data tells a different story that suggests that the bull cycle is far from finishing.
Stablecoin supply trends and market cycles
The data in the chain show an interesting correlation between the Stablecoin market and the bitcoin bull and bear cycles and other cryptocurrencies. This pattern, identified by The Antetheblock Antetics platform in the chain suggests that the Stablecoin supply has historically reached along with the main tops on the market. The relationship implies that an increase in the supply of Stablecoin often indicates the final stages of a bull execution, with decreases in the supply that generally coincide with the beginning of the low conditions.
A look at previous market cycles reinforces this trend, particularly in the case of Bitcoin. In April 2022, Stablecoin’s total supply reached a historical maximum of $ 187 billion. Shortly after, the supply began to decrease, aligning perfectly with the beginning of the last bears market. This phase saw Bitcoin suffer a prolonged recession, with constant fall prices Until they played in January 2023. The acute decrease in stable supply during that period reflected a broader change in the feeling of investors when the liquidity left the market.
At the time of writing this article, the Stablecoin supply has continued to rise despite the prices of 24% of Bitcoin since its recent maximum of all time. The Stablecoin supply has increased to $ 219 billion and continues to rise. This suggests that the market is still in a half -cycle phase instead of approaching its peak.
Image Of X: Intoteblock
Stablecoins approaches Ethereum’s market capitalization
Other Notable observation With respect to the Stablecoin market it is that despite the recent stagnation of prices in the broader cryptographic market, the stablecoins still have a significant liquidity. In particular, the total supply of Stablecoin is now only $ 10 billion from Ethereum’s market capitalization.
This phenomenon is aligned with the recent decrease in the price, which has seen many investors out of their positions in Bitcoin and other cryptocurrencies and then convert them to USDT and other stablecoins. However, the fact that these funds remain in the cryptographic industry and are not out is positive.
Although a rising stable supply reflects the growing precaution of investors, it also means that a large capital set is ready to be implemented once market conditions improve.
Image Of X: Intoteblock
At the time of writing this article, Bitcoin is quoted at $ 84,325, Having spent the majority of the last 24 hours quoting between $ 83,688 and $ 84,504. On the other hand, the cryptographic market saw a modest increase of 0.3% in the last 24 hours. It is currently $ 2.75 billion, in 25.8% since its peak of $ 3.72 billion in December 2024.
ADVERTISEMENT
If the cycle was coming to an end, the story suggests that the supply of Stablecoin would have already begun to decrease. On the other hand, the growing trend points to the continuous market share and potential for greater rise.
Outstanding image of Midas, TrainingView graphics
Editorial process For Bitcoinist, he focuses on the delivery of content completely investigated, precise and impartial. We maintain strict supply standards, and each page undergoes a diligent review of our technology experts and experienced editors. This process guarantees the integrity, relevance and value of our content for our readers.
