0x🎩
@0x1
🔼 The issuance of stablecoins could be the key to the next Bitcoin rally, according to analysts at 10x Research. Their observations indicate that over the past week, major issuers (Tether and Circle) have released stablecoins worth around $2.8 billion, signaling the influx of new capital into the market. 10x Research believes that Bitcoin "looks promising" if it can stay above $60,000, but without a stronger inflow of stablecoins, this growth may lose momentum.
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