Stablecoins have seen significant growth this year. Among these, USDT remains in the lead, while others, such as Circle-backed USDC, are also seeing significant activity. 🚀

USDC's recent investments in centralized crypto exchanges stand out as a signal that investors are opting to buy the dip amid market corrections in recent weeks. 📈

According to the latest findings from Lucan Outumuro, Head of Research at IntoTheBlock, net inflows of USDC into centralized crypto exchanges reached $228 million on June 24, a one-year high. This increase shows that investors are depositing stablecoins to benefit from low cryptocurrency prices.

Although Bitcoin has been disappointing over the past month, these declines could present unique long-term buying opportunities for market players. 📉

Bitcoin's RSI has moved from oversold levels to around 33 at the time of writing, indicating significant growth potential for the world's largest digital asset.

Do you think this decline in Bitcoin represents a buying opportunity in the long term, or are we expecting further declines? We are waiting your comments! 👇🏼