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Stablecoin Boom Signals Bullish Sentiment for Bitcoin

  • May 14, 2020

The value of assets for all stable coins surpassed an impressive $10 Billion, having surged by over 70% in just two months.

Interesting coincidence, but this record printing of stable coins occurred amid halving event in Bitcoin.

The supply of Bitcoin was cut in half; at the same time, billions of dollars in stable coins are on hands. Put two and two together, and you get a growth of the price eventually.


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