Glassnode: Slowing Stablecoin Supply, Shrinking Crypto Market Liquidity
Glassnode posted on platform X, stating that while stablecoin supply continues to grow, its growth rate has slowed in recent weeks. As stablecoins are widely used as core denominated assets in the crypto market, this slowdown further confirms the trend of shrinking overall digital asset market liquidity and decreasing risk appetite.
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
Data: Bitwise BSOL Solana ETF increased its holdings by 93,000 SOL in the past hour
Data: Stablecoin circulating market cap returns to $305 billions, with a cumulative increase of 0.8% recently
S&P 500 index futures rise 0.2%
