Svmuu News: The market capitalization of USDT, the stablecoin issued by Tether, fell 0.8% this month to $183.61 billion, continuing the downward trend of approximately 1% seen in January. This marks the first time since the Terra incident in 2022 that the market has contracted for two consecutive months.Analysts note that stablecoins are viewed as a key source of liquidity in the crypto market, and changes in their market capitalization are often seen as a barometer for capital inflows and outflows. The continued decline in USDT’s market capitalization may reflect capital outflows from the market, placing some pressure on the ongoing rebound of Bitcoin and the broader market.Data shows that after Bitcoin’s price stabilized near $60,000 in early February, it briefly rebounded above $70,000 but has since retreated to around $65,000. Meanwhile, USDC’s market capitalization has recovered somewhat from its low at the start of the year but remains largely flat year-to-date. (CoinDesk)