- Bitcoin’s allure diminishes as Tether’s minting spree on Ethereum and Tron boosts capital inflows.
- USDT supply is soaring amid rising market volatility, playing a crucial role in shaping crypto trends ahead.
November marked the most bullish month, driven by the ‘Trump-pump,’ post-halving momentum, a favorable inflation report, and Bitcoin’s [BTC] strong fundamentals reinforcing its position as a store of value.
With $114 billion flowing into the crypto market and Tether’s [USDT] minting spree boosting liquidity. This highlights the strength of the past 30-day rally, indicating the potential for continued short-term upside.
However, uncertainty around Bitcoin’s next psychological target raises concerns about potential bearish pressures, especially as Q1 volatility could signal longer-term market instability.
In this climate, could high liquidity push investors toward a more conservative approach, using it as a haven instead?
Expect high volatility in the coming days
Currently, the market can be summed up in one word: “volatile.” This is reflected in the rising crypto volatility index, signaling that investors are anticipating higher returns within a shorter time frame.
Despite the optimism following the election results, which helped push Bitcoin past $100K, the breakthrough was short-lived. Massive speculation in the perpetual market led investors to shift focus, seeking immediate returns by pushing BTC downwards.
This bubble effect has left both market makers and outside spectators uncertain about Bitcoin’s next resistance point, with many investors on the brink of breaking even before a potential correction sets in.
As a result, the
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Author: Ripley G
