According to the data of the leading analysis firm Intotheblock, stablecoins in the crypto asset market are seen to sign the market recovery. According to information shared through social media, the market value of fixed assets for dollars has reached a record level.
Change in the Stablecoin market
Analysis firm Intotheblock reported that the market value of stablecoins increased to more than 220 billion dollars and increased significantly. In order to avoid the volatility environment of the market, while observing such assets, researchers stated that liquidity can have a positive effect.
Intotheblock: “Stablecoin market value continues to grow and recently exceeded $ 220 billion.”
Rlusd’s growth
Ripple released on the new market $2.39‘s stablecoini rlusd circulating 160 million supply and Ethereum $2,013.33 It attracts attention with its increasing rate of ownership between their addresses. This development indicates that Rlusd can be an important player in the market.
Intothblock: “Rusd’s new Rlusd Stablecoin attracts attention. Rlusd, whose circulating supply reaches $ 160 million and has an increasing number of Ethereum Mainnet address, seems to be a remarkable player in the field of stablecoin.”
Bitcoin Investor Behavior
Bitcoin $84,470.09 It was observed that large investors started to recruit long -term post -sales re -positioning. According to March data, the portfolios of major investors increased by about 62,000 Bitcoin. This suggests that the risk appetite in the market can be refreshed.
Intotheblock: “Bitcoin whale balances have a tendency to decline for about a year, but March data indicates a possible reversal. Whales hold about 62,000 more BTCs at the beginning of the month.”
Bitcoin’s current price is about $ 84,000, while the general appearance of the market and investor behaviors prepare the ground for different assets.
Mobility is observed between stabilized assets and Bitcoin depending on the risk strategies of investors and liquidity. Analysts point out that the existing liquidity creates potential for market recovery.
The analyzes indicate that these tendencies observed in the market can shape investor strategies and play an important role in market dynamics.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.