CryptoQuant Analyst Notes 50% Drop in Stablecoin Exchange Inflows Pressuring Bitcoin

iconAiCoin
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Stablecoin exchange inflows have dropped 50% since August, pressuring Bitcoin’s recovery. ERC-20 stablecoin inflows fell to $76 billion, with the 90-day average at $118 billion. Weak demand and ETF inflows remain below key levels. Analysts say altcoins to watch may outperform if new liquidity fails to materialize. Bitcoin’s upside depends on renewed capital entering the market.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.