đMatrixport's latest chart analysis shows that stablecoin minting has climbed to its highest level since the March-April peak, indicating that new fiat money is flowing into the crypto market, which is a bullish signalđ. A similar surge in stablecoin issuance in February 2024 drove a sharp rise in Bitcoin prices. If this momentum continues, Bitcoin prices are expected to rise further. Since the July 31 FOMC meeting, the pace of stablecoin minting has accelerated, reflecting the confidence of institutions in a low interest rate environment. What do you think? Welcome to discuss in the comments section!
