CryptoQuant analyst Darkfost said the total stablecoin market capitalization has fallen to $144.5 billion, below its 365-day average of $147.4 billion. According to Darkfost, stablecoin markets have seen more outflows than inflows over the past year, a pattern that is typically associated with bearish market conditions. He added that the market now needs to see a reversal in this longer-term capital flow trend, along with a recovery in total stablecoin capitalization back above the annual average. The comments frame stablecoin supply trends as a key signal for broader crypto market conditions.
CryptoQuant analyst Darkfost said total stablecoin market capitalization has fallen to $144.5 billion, below its 365-day average of $147.4 billion.
According to Darkfost, stablecoin markets have recorded more outflows than inflows over the past year, which he described as a pattern typically seen in a bear market.
He added that the market needs to see this longer-term capital flow trend reverse and push total stablecoin market capitalization back above the annual average.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.