Stablecoin metric hints Bitcoin price will rise as buyers take BTC – cointelegraph

Stablecoin metric hints Bitcoin price will rise as buyers take BTC – cointelegraph

Bitcoin (BTC) at $ 11,400 is ripe for another price spike thanks to stable investors buying cheap coins, data shows. Highlighting The latest readings from its Stable Coin Supply Ratio (SSR) metric on August 26, on-chain watch resource Glassnode forecasts higher for BTC / USD. Stablecoin supply ratio “3 times higher” than in July 2019 […]

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