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Analyst: Upside Further Confirmed as Liquidity Significantly Improves

Analyst: Upside Further Confirmed as Liquidity Significantly Improves

Bitget2024/11/07 10:38
BTC-1.54%USDC-0.01%

Bitget News, crypto analyst Crypto Big Game Hunter tweeted that liquidity has significantly improved and the uptrend has been further confirmed, as Trump's landslide victory and Bitcoin's release above its previous highs have made the crypto market much less uncertain and have caused investors to put their doubts to rest, as funds have begun to flow into the market in large sums. Stablecoin supply is starting to increase rapidly, with USDT supply increasing by $1 billion and USDC supply increasing by $1.28 billion yesterday. The improvement of liquidity in the crypto market will provide the necessary conditions for the market to continue to rise.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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