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Bitcoin outpaces stablecoins in market cap growth Bitcoin outpaces stablecoins in market cap growth Andjela Radmilac · 1 year ago · 2 min read
α ▸ ▸ Analysis

Bitcoin outpaces stablecoins in market cap growth

with insights from Glassnode

Surging Stablecoin Supply Ratio points to Bitcoin's growing market dominance.

Andjela Radmilac
Dec. 15, 2023 at 5:30 pm UTC
2 min read
Updated: Dec. 15, 2023 at 5:12 pm UTC
Bitcoin outpaces stablecoins in market cap growth

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

The Stablecoin Supply Ratio (SSR), a pivotal crypto market indicator, has seen a notable rise from 2.36 to 6.74. This suggests a resilient Bitcoin market against stablecoins. Key insights emerge when SSR crosses the Bollinger Bands. Explore these fluctuations with CryptoSlate Alpha ...

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Bitcoin BTC (24h)
$97,600.33 +0.55%
Vol: $57.92B MCap: $1.93T

Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.

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