Analyst: Stablecoin total market cap shrinks by nearly $15 billion since May, market liquidity continues to drain, Bitcoin price recovery hindered
- The total stablecoin market cap has decreased by nearly $15 billion since May, dropping from approximately $280 billion to $266 billion.
- From last October until this May, the stablecoin market cap remained stable with no liquidity inflow.
- Despite Bitcoin prices stabilizing, demand for stablecoins has not recovered, hindering a Bitcoin price rebound.
- The decline in stablecoin market cap indicates that liquidity in the crypto market is draining away.
PANews reported on August 10 that CryptoQuant analyst Darkfost highlighted a significant reduction in the total stablecoin market cap. Since May, the market cap has decreased by nearly $15 billion, falling from around $280 billion to $266 billion.
The analyst noted that from last October until this May, the market cap remained stagnant, indicating a lack of liquidity inflow or insufficient liquidity in the market.
Currently, even though Bitcoin prices have stabilized, the demand for stablecoins has not seen a recovery. This ongoing weakness is hindering a potential rebound in Bitcoin prices.
Furthermore, the decline in the stablecoin market cap suggests that liquidity in the overall crypto market is continuing to drain away.
分析师：自5月以来稳定币总市值缩水近150亿美元，市场流动性持续减少，比特币价格回升受阻
PANews于8月10日报道，CryptoQuant分析师Darkfost指出，稳定币总市值出现显著减少。自5月以来，市值减少近150亿美元，从约2800亿美元降至2660亿美元。
分析师提到，从去年10月到今年5月，市值保持稳定，表明市场缺乏流动性流入或流动性不足。
目前，尽管比特币价格已趋于稳定，但稳定币的需求并未恢复。这种持续的疲软正在阻碍比特币价格的潜在反弹。
此外，稳定币市值的下降表明整个加密市场的流动性仍在持续流失。