Matrixport: The slowdown of stablecoin inflows may indicate that caution is needed for the next trend of Bitcoin

Bitget2025/03/11 06:29

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Matrixport stated on platform X, "The inflow of stablecoins has slowed down, driving the market into a consolidation phase. We are closely monitoring this data because if the stablecoin minting index fails to rebound, any uptrend in Bitcoin will be hard to sustain. This slowdown may stem from issuers of stablecoins having already built up sufficient inventory in advance or a decrease in overall market demand. Regardless of the specific reason, the current crypto market has not yet welcomed large-scale influxes of new capital, which is also a key factor for Bitcoin's consolidation. In addition, this trend may be related to the hawkish tone at the Federal Reserve meeting in December 2024 that could make institutional investors more cautious."

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