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CryptoQuant: The current USDT market value growth rate is close to 0%

CryptoQuant: The current USDT market value growth rate is close to 0%

CointimeCointime2024/07/20 03:04
By:Cointime

CryptoQuant data released on X platform shows that the current growth rate of USDT market value is close to 0%, lower than the 6.6% when Bitcoin broke through $70,000 in March. The faster growth of stablecoin liquidity is crucial for the continued rise of cryptocurrency market prices. The liquidity of stablecoins (especially USDT) needs to be improved in order to further drive up the price of Bitcoin.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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