The article discusses the recent surge in liquidity in the crypto market. MicroStrategy's purchases of Bitcoin, amounting to $17.5 billion in the past two months, and the inflows into Bitcoin and Ethereum ETFs have contributed to this liquidity. Additionally, stablecoins, especially USDT and USDC, have seen substantial inflows, with stablecoin issuers minting an additional $30.8 billion tokens since mid-October. Although stablecoin flows differ from ETF inflows and MicroStrategy's purchases, they indicate a widespread desire to enter the crypto market. In total, approximately $68 billion has entered the crypto market in the past nine weeks, marking a significant liquidity wave.



Other News from Today