Stablecoin growth slow down to $1.1B, e dey weak Bitcoin liquidity
Data from CryptoQuant dey show say stablecoin growth don slow down properly, with weekly inflows drop to $1.1 billion—this one far lower than the late-2024 peak of $7.7 billion and January’s $6.6 billion. The slow growth for stablecoin mean say Bitcoin liquidity don dey weak, since these tokens be like dry powder for BTC buying. Limited inflows fit limit how far Bitcoin fit rise. On-chain analytics from Glassnode show Relative Unrealized Loss na just 0.5%, meaning say investor loss no much even with recent price wahala. As dem dey write this one, BTC dey trade around $113,400, up 2% inside the past 24 hours. Traders suppose keep eye for stablecoin market cap growth for any change wey fit make market move again or push price up.
Bearish
Di sharp slowdown wey dey happen for stablecoin growth dey reduce di liquidity—wey dem dey call “dry powder”—wey dey available for Bitcoin buying, e dey weaken di bullish tailwinds. Historically, di big bull runs wey happen for late 2024 and January 2025 dem dey always dey come before weekly stablecoin inflows wey pass $6 billion. Now, di current drop to $1.1 billion dey show say buying power dey limited, and dis one dey increase di risk say price fit gree consolidate or pull back for short term. Even though di low Relative Unrealized Loss (0.5%) mean say sell-side pressure don reduce, di small stablecoin inflows fit stop new capital from entering BTC. For long term, if low inflows continue like dis, e fit make di next big rally delay unless stablecoin growth bounce back, like di past patterns weh renewed inflows carry strong upward momentum.