Degen

According to a recent report by CryptoQuant, demand for Bitcoin (BTC) has decreased significantly since early April when it was priced around $70,000.  Bitcoin's 30-day demand growth has reached 25,000 units from 496,000 units in early April.  Also, the asset growth of Bitcoin whales has reached very low levels and daily purchases of Bitcoin ETFs in the US have decreased.  However, the liquidity of stablecoins is increasing, and their total market capitalization has reached a new record of $165 billion.  Also, Bitcoin investors are piling in at an unprecedented rate.  The increase in the liquidity of stablecoins and the demand of investors can be a sign of the possibility of a Bitcoin rally in the coming weeks.

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