{"id":125141,"date":"2025-03-15T14:20:24","date_gmt":"2025-03-15T14:20:24","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125141"},"modified":"2025-03-15T14:20:24","modified_gmt":"2025-03-15T14:20:24","slug":"rising-219b-stablecoin-supply-signals-mid-bull-cycle-not-market-top","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125141","title":{"rendered":"Rising $219B stablecoin supply signals mid-bull cycle, not market top"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts.<br \/>\nThe cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top.<br \/>\nSource: IntoTheBlockHistorically, stablecoin supply peaks have aligned with crypto cycle tops, according to a March 14 X post by crypto intelligence platform IntoTheBlock, which wrote:<br \/>\n\u201cIn April 2022, supply hit $187B\u2014just as the bear market started. Now it\u2019s at $219B and still rising, suggesting we\u2019re likely still mid-cycle.\u201d<br \/>\nIncreasing stablecoin inflows to crypto exchanges can signal incoming buying pressure and growing investor appetite, as stablecoins are the main investor on-ramp from fiat to the crypto world.\u00a0<br \/>\nStill, Ether (ETH) price is down over 52% over the past three months, after it peaked above $4,100 on Dec. 16, 2024, and analysts are eying another decline below $1,900, a \u201crobust\u201d demand zone that may bring more investment into the world\u2019s largest cryptocurrency.<br \/>\nRelated: Bitcoin needs weekly close above $81K to avoid downside ahead of FOMC<br \/>\nCrypto market will likely lack direction ahead of FOMC meeting: analyst<br \/>\nDespite the rising stablecoin supply, the crypto market may continue to lack direction ahead of next week\u2019s Federal Open Market Committee (FOMC) meeting.<br \/>\nNext week\u2019s FOMC meeting may be decisive for crypto markets, which remain influenced by macroeconomic developments, according to Stella Zlatareva, dispatch editor at Nexo digital asset investment platform.<br \/>\nZlatareva told Cointelegraph:<br \/>\n\u201cBitcoin\u2019s movement below key technical levels, mirroring the S&amp;P 500\u2019s trajectory, highlights the market\u2019s cautious tone as traders await key economic data for direction, including U.S. retail sales and the FOMC meeting.\u201d<br \/>\n\u201cAll eyes are set on next Wednesday&#8217;s FOMC meeting, anticipating insights into U.S. monetary policy and potential interest rate adjustments, especially given the recent declines in U.S. PPI and initial jobless claims figures, which point towards a slowing economy,\u201d she added.<br \/>\nRelated: FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund\u2019s collapse<br \/>\nThe predictions come days ahead of the next FOMC meeting scheduled for March 19. Markets are currently pricing in a 98% chance that the Fed will keep interest rates steady, according to the latest estimates of the CME Group\u2019s FedWatch tool.<br \/>\nSource: CME Group\u2019s FedWatch toolDespite the potential for short-term volatility, investors remain optimistic for the rest of 2025, VanEck predicted a $6,000 cycle top for Ether\u2019s price and a $180,000 Bitcoin price during 2025.<br \/>\nMagazine: Crypto fans are obsessed with longevity and biohacking: Here\u2019s why<a href=\"https:\/\/cointelegraph.com\/news\/rising-219-b-stablecoin-supply-mid-bull-cycle-not-top?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125141"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125141"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125141\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125141"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}