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An important analysis company indicates that a category of digital assets with a flow market capitalization could feed a resumption of the potential market.
Intotheblock says on the social media platform X that the market capitalization of Stablecoins has reached a new summit of all time.
Although the analysis firm notes that growing market capitalization is a sign that traders sell their parts in favor of cryptographic assets pointed out with dollar, this also indicates that a massive amount of capital is ready to be deployed once the conditions become optimistic.
“The market capitalization of the stable reserve continues to grow, recently exceeding $ 220 billion.
Although these tokens are widely used to get around volatility, it is difficult to ignore how all this liquidity could become the spark for the next market market once the feeling has overturned optimistic. »»
A stablecoin on the intotheblock radar is Ripple USD (Rlusd), an asset cryptocurrency in dollars launched just a few months ago.
“The new Stablecoin Rlusd de Ripple wins the field.
With a power supply reaching $ 160 million and an increasing number of main Ethereum addresses that maintain it, Rlusd seems to be positioned to become a notable player in the stablecoin space. »»
Looking at Bitcoin, the firm of ideas says that deep pocket investors engulfed the BTC after having reduced their exhibition for almost a year.
“Bitcoin whale sales have tended to decrease for almost a year, but March data alludes to a possible overthrow.
The whales now hold about 62,000 BTC more than at the beginning of the month, indicating a renewed accumulation. »»
At the time of writing, Bitcoin is negotiated at $ 84,039.
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