Bitcoin Bulls on the provil, because Stablecoin market capitalization will reach $ 204 billion

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Cryptographic markets and American actions began a week with the worst possible note, reacting negatively to the launch of the AI ​​Deepseek Chinese platform. Despite the initial slowdown, the price of Bitcoins turned above USD 100,000, moving mainly sideways to close a week.

According to the last report on the chain, the liquidity of centralized exchanges has reached a recent record level, which suggests that cryptographic bulls enhance the power of purchase. The question is – can this recent shopping force accelerate the price of bitcoins to a recent level?

Impact of growing Stablecoin on cryptocurrency prices

In its latest weekly report, Cryptoquant company Blockchain Intelligence revealed The liquidity on the cryptographic market has recorded a significant enhance since the presidential election in the US in November 2024. The liquidity in cryptography is measured by the total value of circulating stableins, which recently reached the recent highest level in history.

According to Cryptoquant data, the market capitalization of Stablecoin supported in dollars exceeded $ 200 billion last week and is currently $ 204 billion, which is a record level. This value is over 22% of expansion from the victory of Donald Trump in the US elections.

One of the main factors contributing to this growth is USDT Tether, which accounts for almost 70% of the Stablecoin market with a denominated USD. The USDT market capital is currently around $ 139 million, which reflects an enhance of 15% since November last year.

Source: CryptoQuant

Interestingly, this expansion has been reflected in the stablecoin balances of centralized exchanges, with a total amount of USDT on these trade platforms at record levels. Cryptoquant revealed that the market capitalization of USDT on centralized cryptographic exchanges has increased from $ 30.5 billion to $ 43 billion in the last three months, which is an enhance in 41%.

Stablecouins supported in dollars are an crucial source of liquidity in trade of centralized stock exchanges. Hence, the expansion of the supply of Stablecoin exchanges implies the enhance in the purchasing power of cryptographic investors.

“The next leg of Bitcoins and cryptocurrencies can be just around the corner, because Stablecoin’s liquidity impulse begins to develop again,” Cryptoquant noted. In addition, the growing market capitalization of Stablecoin – especially on centralized stock exchanges – is historically correlated with higher bitcoin prices.

Cryptochan added:

The USDT liquidity impulse (30-day change in market capitalization) is now slightly positive after infection by 2 % at the beginning of 2025. Further acceleration usually increases cryptocurrency prices. Meanwhile, the USDC liquidity impulse increases by 20%, and its fastest rate for at least a year.

Bitcoin price at first glance

At that time, Bitcoin was valued at around USD 102,400, which reflects almost 2% of the decline in the last 24 hours.

Bitcoin
The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView

Recommended photo from Istock, chart from TradingView

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