A record accumulation of 236 billion dollars in stablecoins - will this push BTC to 100,000 dollars?
According to DefiLlama, the total supply of stablecoins increased by 2.135 billion dollars in the past week, reaching a record total supply of 236.6 billion dollars.
The price of Bitcoin fell slightly after dropping below $95,000.
The price trend of Bitcoin (BTC) is relatively flat, hovering around $95,000. This flagship Cryptos broke through $95,000 last Friday, rising to $95,620 at one point, but then lost momentum, falling to the current $94,285.
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