🔥 The Stablecoin Surge That Pushed Bitcoin to $100K! 🔥
On December 5th, the crypto market witnessed an extraordinary influx of stablecoins, with Binance dominating the scene. A record $13 billion in net inflows hit the platform, dwarfing $1.6 billion on OKX, the second-largest exchange by this metric.
This influx fueled Bitcoin’s historic rally, propelling it to an all-time high of $100,000. In 2024, Binance recorded a total stablecoin inflow of $22 billion, solidifying its role as the market’s liquidity powerhouse.
What’s Next? With this liquidity wave, Bitcoin and altcoins could see continued momentum, though volatility remains high.
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