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Stablecoins’ growing market cap is great for Bitcoin only if…

The purchasing power of the market rose as stablecoins’ combined market cap spiked Bitcoin can gain from greater stablecoin whale supply The market cap of stablecoins including Tether [USDT], Circle [USDC], DAI, and others, grew significantly during the week. This hike was significant to the price appreciation Bitcoin [BTC] recorded, according to Santiment. Realistic or …

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Is Bitcoin headed to a trillion-dollar market cap?

Bitcoin broke past the $27,000 barrier, triggering market optimism. Analysts suggested that potential Bitcoin spot ETF approval could boost market cap by $1 trillion. After a prolonged wait, Bitcoin [BTC] finally surged past the critical $27,000 price threshold, an event that sparked excitement among traders and long-term holders alike. It wasn’t just the break above …

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