Benjamin Cowen
You can see how stablecoin dominance dropped to the bull market support band and has been trendin...
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Stablecoin Dominance (represented by USDT.D+USDC.D) has broken above a key resistance level around 8.8% and is trending higher, currently at 10.398%. This upward trend, especially after consolidating at the bull market support band, suggests a potential for continued increase into the summer months, implying a cautious outlook for risk assets.

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About Benjamin Cowen
Benjamin Cowen

Benjamin Cowen

By intocryptoverse

CEO/Founder @ITC_Crypto @ITC_Stocks @ITC_Macro PhD Engineering https://t.co/VwxEaJxIl8