Crypto Market Constraints, Optimism About Bitcoin
- Crypto markets have been in decline since November 22, especially in stablecoins;
- Stablecoin reservations continue to decline without any change in the pattern of conversions back to fiat currencies;
- Nevertheless, optimism towards Bitcoin remains high.
The crypto market is currently facing obstacles, especially in stablecoins. Since November 22, the number of stablecoin reservations has continued to decline without any change in the pattern of conversions back to fiat currency. This shows that the market is experiencing pressure.
However, amidst this situation, optimism towards Bitcoin remains high. Market players still see growth potential in this crypto asset. It is hoped that market conditions will soon improve and Bitcoin will continue to grow.