According to current data, money is literally flowing into the market in parallel with the significant increases in cryptocurrencies.
Money has been pouring into the cryptocurrency market, which has displayed a performance that has made investors happy since the beginning of this year. Analyzing money inflow to the market matrixportespecially 1.5 years after the fall The increase in Tether’s market value stated that it should be taken into consideration.
Tether market value according to data September since month $7 billion increase showed. With this stablecoin market value Growth for the first time since May 2022 It showed the extent of the money flow.
The market value of Tether, the largest stablecoin in the cryptocurrency market, almost decreased last month. 6 billion dollars increasing to 90 billion dollars rose. Tether, which currently has a market value of $ 90 billion, at all time high (ATH) sitting.
Drawing attention to these increases in the report he shared on the subject, Crypto Is Macro Now analyst and writer of the newsletter Noelle AchesonHe emphasized that the increase in liquidity is an indicator of the rise in investor appetite:
The trend appears to be rising, which should be bullish for crypto assets as it points to increased investor interest. It is still early days as the total stablecoin market cap is still well below levels from earlier this year, when the outlook was much worse than it is today.