Stablecoins USDT and USDC Experience Capital Inflows
- USDC’s 30-day market cap change has recently spiked to positive levels, indicating rapid growth.
- USDT started the year with a negative market cap change but has since turned positive.
- Both USDT and USDC are currently experiencing an increase in their market caps.
- The recent capital inflows into these stablecoins occurred while Bitcoin’s price remained stable.
- Bitcoin is priced around $104,800, showing a 1% decrease over the past week.
The recent growth in the market caps of USDT and USDC suggests fresh capital inflows, occurring alongside Bitcoin’s stable price at approximately $104,800.
Source (2.6)https://www.newsbtc.com/stablecoin/stablecoins-positive-new-bitcoin-all-time-high/?rand=52377
