Tuesday, October 14, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • DeFi
  • Legal Hub
  • More
    • Market & Analysis
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Bitcoin

Bitcoin Bull Run To Resume Soon? Crypto Market Liquidity At Record Highs

by n70products
October 16, 2024
in Bitcoin
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


In keeping with the newest on-chain knowledge, liquidity within the cryptocurrency markets has reached an all-time excessive. Right here’s the implication of the rising liquidity on the worth of Bitcoin and its future trajectory.

Stablecoin Market Cap Hits New Highs — Affect On Bitcoin Worth

In its newest report, CryptoQuant revealed that liquidity within the crypto market hit a document excessive in late September, sparking conversations concerning the Bitcoin bull market resuming. In keeping with the on-chain analytics agency, crypto market liquidity is measured by stablecoin worth and market capitalization, which now stands at round $169 billion.

Information from CryptoQuant reveals that the overall market capitalization of main US dollar-backed stablecoin has elevated considerably thus far in 2024, rising by 31% (equal to $40 billion) year-to-date. Many of the progress, although, was triggered by the 2 largest stablecoins, Tether’s USDT and Circle’s USDC.

Bitcoin

Supply: CryptoQuant

Unsurprisingly, USDT and USDC proceed to dominate the stablecoin trade, with market shares of 71% and 21%, respectively. In keeping with knowledge from CryptoQuant, USDT’s market capitalization has grown by 30% in 2024 (about $28 billion) whereas USDC’s market cap is up by 44% (equal to $11 billion) year-to-date.

One other robust sign of rising market liquidity is the record-high stablecoin balances on centralized exchanges. Particularly, this progress is pushed by USDT (ERC20 on the Ethereum), which has seen its balances on exchanges hit a document excessive of twenty-two.7 billion in October. This displays a 54% improve (about $8 billion) thus far in 2024.

Traditionally, growing balances of stablecoins on exchanges are positively related to increased crypto market costs, particularly the Bitcoin value. It is because the bigger shops of stablecoins can sign extra shopping for energy for buyers, as they will rapidly commerce stablecoins for different cryptocurrencies on exchanges (identified to supply these buying and selling companies).

Bigger stablecoin balances on exchanges can even sign the readiness of buyers to accumulate crypto assets. In the end, this shopping for stress tends to push asset costs to the upside, particularly as buyers usually buy anticipating upward value motion. 

With the rising liquidity available in the market, buyers have been led to surprise concerning the Bitcoin bull run resuming quickly. It’s price noting that the overall quantity of USDT (ERC20) on exchanges has risen by 146% from $9.2 billion to $22.7 billion since January 2023, when the present cycle formally began. 

Nonetheless, buyers would possibly wish to decrease expectations, contemplating that these USDT balances have elevated by 20% since August 2024 whereas Bitcoin’s value has remained relatively quiet.

Bitcoin Worth At A Look

As of this writing, Bitcoin is valued at round $62,750, reflecting an nearly 3% improve prior to now day.

Bitcoin
The worth of BTC on the every day timeframe | Supply: BTCUSDT chart on TradingView

Featured picture from iStock, chart from TradingView



Source link

Tags: BitcoinBullCryptoHighsLiquidityMarketrecordResumeRun
Previous Post

Ethereum Bulls Set Sights on $3K: Is a Rally Coming?

Next Post

Stablecoin Giant Tether Looking To Deploy Billions in Profits to New Lending Venture: Report

Next Post

Stablecoin Giant Tether Looking To Deploy Billions in Profits to New Lending Venture: Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Steady Climb Toward New Highs

November 22, 2024

Ethereum Futures can tell you this about ETH prices in February

February 4, 2024
CFTC Seeks Input On How To Regulate Spot Crypto Contracts

CFTC Seeks Input On How To Regulate Spot Crypto Contracts

August 5, 2025

‘Unprecedented’ Post-Election Streak for Crypto Products Ends As Institutions Dump $415,000,000: CoinShares

February 18, 2025
ow crypto op-eds influence Web3 media, policy and perception

ow crypto op-eds influence Web3 media, policy and perception

May 30, 2025
Bitcoin Breakdown in Motion – Bounce Trap Or Deeper Bear Market Warning?

Bitcoin Breakdown in Motion – Bounce Trap Or Deeper Bear Market Warning?

August 27, 2025

Recent Posts

  • Euro Officials Push for Euro Stablecoins
  • How to upgrade your ‘incompatible’ Windows 10 PC to Windows 11 – 2 free options
  • Solana (SOL) Shows Strength – Can The Bulls Maintain Control For Another Leg Up?

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

Euro Officials Push for Euro Stablecoins

Euro Officials Push for Euro Stablecoins

October 14, 2025
How to upgrade your ‘incompatible’ Windows 10 PC to Windows 11 – 2 free options

How to upgrade your ‘incompatible’ Windows 10 PC to Windows 11 – 2 free options

October 14, 2025

© 2025 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • DeFi
  • Legal Hub
  • More
    • Market & Analysis
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2025 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
💵 Turn Every Dollar Into Crypto Rewards! Wirex lets you spend dollars or bitcoin — and get up to 8% back in crypto instantly. 💸 Exclusive offers dropping soon — stay tuned!
“Offers Launching Soon”
This is default text for notification bar
Learn more
Go to mobile version