Stablecoin issuance could be key to the next Bitcoin rally — 10x Research An increase in stablecoin issuance could be the key to the next Bitcoin surge, according to 10x Research market researcher Markus Thielen. https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1718892220602-YAKIHONNES3.jpg
Stablecoin Momentum: The increase in stablecoin issuance is seen as a positive sign for Bitcoin's price action. Markus Thielen, a market researcher at 10x Research, noted that if Bitcoin can maintain its price above $60,000, it could set the stage for a significant rally. However, he cautioned that without stronger inflows of stablecoins, this upward momentum might falter
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