BIT: Stablecoin market capitalization rebounds, indicating signs of recovering market liquidity

Foresight News reports that BIT tweeted, "Since last October, Bitcoin has been in a continual correction phase, with weak capital inflows being one of the more apparent reasons. During the same period, Tether’s market capitalization hovered around $183 billion with limited overall growth, the market lacked significant new capital inflows, prices remained under pressure, and overall sentiment was relatively cautious.

Recently, this situation has started to improve. Tether’s circulating supply has increased by about $3 billion, the total stablecoin market capitalization has begun to rebound, and there are signs of a recovery in market liquidity. Combined with other capital flow indicators, the direction of signals is tending towards positive, though it is still in the early stages. The marginal improvement in capital flows is worth noting, as these types of signals often precede price performance. If this trend continues in the coming weeks, it is expected to provide a certain degree of support for prices."