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10xResearch Director of Research: Stablecoin Minting Metrics Have Not Yet Returned to High Activity Levels, Investors Should Remain Cautious
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According to a report by Cointelegraph, Markus Thielen, Director of Research at 10x Research, warned investors to remain cautious as stablecoin minting metrics have not yet returned to high activity levels, which may affect the sustainability of the current rally.
The analyst pointed out that $95,000 is a key resistance level for Bitcoin, and if market uncertainty continues to decrease, Bitcoin is likely to break through the $100,000 mark.
The analyst pointed out that $95,000 is a key resistance level for Bitcoin, and if market uncertainty continues to decrease, Bitcoin is likely to break through the $100,000 mark.
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