Matrixport said on the X platform, "The slowdown in stablecoin inflows has pushed the market into a consolidation phase. We are closely monitoring this data because if the stablecoin minting indicator fails to recover, any rise in bitcoin will not be sustainable.
The slowdown may be due to the fact that stablecoin issuers have built up sufficient inventory ahead of schedule, or the overall market demand has declined. Whatever the specific reason, the current crypto market has not yet seen a large-scale new capital inflow, which is also a key factor in the consolidation of Bitcoin. In addition, this trend may be related to the hawkish tone of the December 2024 Federal Reserve meeting, which may have caused institutional investors to be more cautious. "
Matrixport: Slowing stablecoin inflows may signal bitcoin's next move to be cautious
2025-03-11 06:04:36
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