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While Bitcoin is usually considered the backbone of the crypto industry, one should never underestimate the role stablecoins play in the market.
The post A huge stablecoin supply is waiting on the sidelines to trigger a bull run appeared first on CryptoSlate.
The Stablecoin Supply Ratio (SSR) is a vital market indicator that has been steadily climbing since the start of the year, signifying a decrease in the purchasing power of stablecoins. The SSR is a metric that provides insight into the supply and demand dynamics between Bitcoin (BTC) and the U.S. dollar. The calculation of SSR […]
The post Growing supply diminishes stablecoin Bitcoin buying power appeared first on CryptoSlate.
Understanding the dynamics of stablecoin supplies is a crucial aspect of crypto market analysis, as stablecoins play a pivotal role in the cryptocurrency ecosystem. Fluctuations in the market cap of these pegged assets can signal shifts in investor sentiment, liquidity changes, and overall market health. In 2023, the stablecoin market witnessed a significant shift, with […]
The post Inside stablecoin supply dynamics as TUSD shakes up the market appeared first on CryptoSlate.
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