Keyrock research found U.S. Treasury bill liquidity has a roughly eight-month lead relationship with Bitcoin, showing a 0.80 correlation.
According to NS3.AI, the report also cited several market indicators, including a market value to realized value (MVRV) reading of 1.149.
The update referenced DefiLlama data placing the stablecoin market capitalization near $316 billion.
It also cited CryptoQuant data putting the stablecoin supply ratio (SSR) at 10.01.
Bitcoin Indicators Show Treasury Bill Liquidity Leading by About Eight Months, Keyrock Research Finds
2026-06-11 19:04:27
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