Matrixport: The weekly inflow of stablecoins slows down, the short-term increase in Bitcoin may tend to be moderate
Matrixport released a chart today stating that, although the stablecoin-related indicators are still at a relatively high level over the past 12 months, the weekly inflow has significantly fallen from its peak of $8 billion to $4 billion. This indicator needs continuous attention. If the inflow further decreases, it may mean that the market will enter a longer period of consolidation, especially during the usually quiet Christmas holiday season.
Even if this slowdown trend in inflows continues, we remain optimistic about market performance in 2025. It is expected that Bitcoin prices will steadily rise but short-term gains may become moderate.
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.
You may also like
An exchange accidentally leaked details of OpenSea's $150 millions ICO

A certain exchange once posted "Opensea public sale next week," but later deleted it.

Data: Circle newly minted 500 millions USDC
Spot gold returns to $4,200