According to ME News, on September 12 (UTC+8), CryptoQuant analyst Darkfost posted that the total market capitalization of stablecoins has declined to $144.5 billion, below the 365-day average of $147.4 billion. Over the past year, outflows from the stablecoin market have exceeded inflows—a typical pattern seen during bear markets. Darkfost further noted that the current market needs to see this long-term capital flow trend reverse, pushing the total stablecoin market cap back above its annual average. (Source: Foresight News)
Stablecoin market cap falls below 365-day average, analysts signal bear market pattern
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Summary
The crypto market’s stablecoin segment has fallen below its 365-day average, now at $144.5 billion compared to $147.4 billion. Outflows have dominated the cryptocurrency market for over a year, a bearish indicator. Darkfost from CryptoQuant says reversing this trend is key to pushing the stablecoin market cap back above the annual average.
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