Market Update

Bitcoin Bulls on Prowl, where the maximum Stablecoin market is $ 204 billion

the American encryption and stock markets The week started on the worst possible note, and a negative reaction to the launch of the Chinese artificial intelligence platform Deepseek. Despite the initial recession, the price of bitcoin has since returned to the level of $ 100,000, as it is often moved side by the week.

According to another report on the series, liquidity on the central stock exchanges has reached a new standard, indicating that Bulls Crypto has now increased the purchase strength. The question is – can the fresh purchase power pay bitcoin to the highest new level?

The increasing effect on prices on encryption prices

In the latest weekly report, Blockchain Intelligence Cryptoquant open Liquidity in the encryption market has seen a big boost since the US presidential election in November 2024. The liquidity in encryption is measured through the total value of the circulating nails, which recently reached the highest new level ever.

According to Cryptoquant data, the dollar -backed Stablecooins market has exceeded a sign of $ 200 billion last week and is currently $ 204 billion, which is the highest record. This value has an expansion of more than 22 % since then Donald Trump’s victory In the American elections.

One of the main contributors to this growth is the USDT of Tether, which represents approximately 70 % of the Stablecoin market offered by the dollar. The maximum USDT market is about $ 139 million, which reflects a 15 % increase since November last year.

Source: CryptoQuant

Interestingly, this expansion has been reflected in the stablecoin balances of central exchanges, with the total total amount of USDT on these trading platforms now at record levels. Cryptoquant revealed that the maximum USDT market in the central encryption stock exchanges has increased from $ 30.5 billion to $ 43 billion in the past three months, which represents an increase of 41 %.

The dollar -backed Stablecoins is an important source of liquidity for trading in the central stock exchanges. Thus, expanded in Stablecoin Provide stock exchanges It means an increase in purchasing power of encryption investors.

“The next stop for bitcoin and encryption can be around the corner, as the liquidity motivation Stablecoin begins to expand again,” noted by Cryptoquant. Moreover, the growing maximum of the Stablecoin market – especially in the central stock exchanges – is historically linked to the high bitcoin prices.

Cryptoquant added:

The USDT’s liquidity (change 30 % in the market value) has become somewhat positive after contracting by 2 % at the beginning of 2025. Usually the acceleration of encryption prices is usually paid. Meanwhile, the liquidity motivation in USDC expands by 20 %, which is the fastest pace in at least a year.

Bitcoin price at a glance

From writing these lines, bitcoin value is estimated at about $ 102,400, which reflects a decrease of approximately 2 % over the past 24 hours.

The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView

Distinctive image from Istock, tradingvief chart

https://bitcoinist.com/wp-content/uploads/2023/12/iStock-148243270.jpeg

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