BIT: Market liquidity has recently shown signs of recovery; if this trend continues, it could provide some support for the price of BTC.
Svmuu News: BIT released a chart today showing that Bitcoin has been in a correction phase since last October, with weak liquidity being one of the more obvious reasons.During this period, the market capitalization of Tether hovered around $183 billion, with limited overall growth. The market lacked significant new capital inflows, putting overall pressure on prices and leading to relatively cautious sentiment. Recently, this situation has begun to ease. The Tether has seen an increase in circulating supply of approximately $3 billion, the overall stablecoin market capitalization has rebounded, and market liquidity is showing signs of recovery.When viewed in conjunction with other capital flow indicators, the signals are trending positively, though this remains in the early stages. The marginal improvement in capital flows warrants attention, as such signals often precede price movements. If this trend continues over the coming weeks, it is expected to provide some support for prices.
Source:Odaily · Source Link
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