Investors looking to buy bitcoin? – Tradingvief news

The data on the series shows that Stablecoins has witnessed an increase in active addresses recently, which may turn into the rise of Bitcoin.

The headlines and active size stablecoins jumped

In a new publication on X, the Market Intelligence InTotheblock platform talked about the latest trend in the active headlines of the various Stablecoins in the sector.

“Active headlines” here refers to a scale on the series that tracks the total number of addresses that participate in transactions on Blockchain every day. Index accounts for both messengers and receptors.

When the value of this scale rises, this means that the number of users participating in the Blockchain transportation operations is at a rise. Such a trend indicates that attention was originally increasing.

On the other hand, the index that is witnessing a decrease means that investors may pay less attention to the encrypted currency because many of them have not become active on the network.

Now, here is the chart that the analysis company shares that show the trend in the active titles of the various stablecoins during the past few months:

As visible in the graph above, recently active headlines have noticed a sharp increase in Stablecoins, especially USDT and USDC, the largest symbols in this category.

According to InTothheblock, the index now exceeded the top of 300,000. At the same time, such an increase, the transaction volume also recorded an increase, as it reached a value of $ 72 billion.

These two are not the only standards related to Stablecoin that have increased recently, as the Analysis Company indicated in another X publication that the total market value of these FIAT symbols set a new record.

Thus, it seems that these assets not only enjoyed the activity, but also fresh capital flows. This trend can carry effects on bitcoin and other cryptocurrencies.

In general, investors store their capital in the form of stables whenever they want to avoid the fluctuations associated with BTC and the company. These bearers may eventually return to the volatile side, as if they wanted to get away from the sector completely, and they have gone with Fiat.

As such, the maximum Stablecoins market can be seen as a dry powder waiting on the sidelines of bitcoin and other coins. With the activity related to these recently photographed metal currencies, transactions can be associated with investors who exchange their stables to purchase the market decline.

However, there is also the scenario in which the opposite is true; Transactions are compatible with investors who buy stables because they are looking to get out of the volatile cryptocurrencies.

Bitcoin price

Bitcoin seems to have regained some of its latest recovery, as its price has returned at 77300 dollars.