Here’s how stablecoins, ETFs can fuel another Bitcoin rally

Quick Summary:

Stablecoin market cap is back to a positive level, hinting at a potential uptrend for Bitcoin if liquidity continues to grow.

For example – USDT recently saw a slight fall in market cap by 2% over 30 days, only to rebound into positive territory just before the month’s end.

S Bitcoin ETFs also rose and amassed a substantial 1,163,377 BTC—Representing 5.87% of Bitcoin’s total circulating supply.

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Article Details

Author / Journalist: Lennox Gitonga

Category: Crypto

Markets: United States

Topics: Ambcrypto News 1 Trading View Bitcoin BTC Trading View Social News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-31 @ 14:00:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 25671918

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 20 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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