USDT Surge: Is It Confidence or Market Hedging?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 21 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 68%

Cryptocurrency Nouvelles

USDT,Bitcoin,Market Sentiment

The recent surge in USDT and USDC market cap following Bitcoin's price drop has sparked debate about investor sentiment. While some see it as a sign of confidence in a price recovery, others suggest it reflects liquidity demand or market hedging.

have surged. Since the 9th of September, USDT and USDC market cap increased by $1.153 billion—USDT up $410M and USDC up $743M.

Put simply, the jump in USDT supply did not correlate with increased Bitcoin demand; other factors might be at play.While this could suggest confidence in price recovery, it may also reflect liquidity demand or market hedging, not direct optimism.The chart shows many Bitcoin holders are in profit, which is bullish but may signal a market top as high NUPL could lead to profit-taking and potential corrections.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 22. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

WIF’s market surge: Analysts forecast $10 peak after 8% surgeWIF has surged by 7.3% over the past month. An analysts is eyeing dogwifhat to hit a new all time high of $10.
La source: CryptoAmb - 🏆 22. / 68 Lire la suite »

Americans grew 'more pessimistic' about the job market in August while overall confidence roseThe steady rise is unemployment over the past few months is contributing to a 'more pessimistic' view of the labor market from US consumers, according to The...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stock market today: Dow, S&P 500 surge as stocks mount a comeback from deep lossesInflation is back in focus for investors gauging pressures that could influence the size of Fed rate cuts.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Experts losing confidence that Toronto's housing market is going to heat back upRealtors and homeowners are likely rejoicing as action slowly returns to at least some parts of Toronto's real estate market, but while certain sta...
La source: blogTO - 🏆 44. / 63 Lire la suite »

U.S. consumer confidence rises in August, but Americans becoming more anxious about labour marketThe Conference Board said on Tuesday its consumer confidence index increased to 103.3 this month from an upwardly revised 101.9 in July
La source: globeandmail - 🏆 5. / 92 Lire la suite »