On July 18th, CryptoQuant analysts pointed out that "the liquidity of stablecoins may limit the potential for significant price increase of bitcoin in the future. The market cap of stablecoins has not yet fully increased, especially USDT, which is the key to further price increase of bitcoin." The company added in a statement on Wednesday that "although there have been some positive movements in the market cap of stablecoins, the monthly growth of USDT's market cap is still close to zero, which still inhibits the potential for further price increase of bitcoin."
CryptoQuant：比特币涨势可能受到稳定币市值的制约
CryptoQuant: The rise of bitcoin may be restricted by the market cap of stablecoins.
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