An analyst at CryptoQuant said that to restore Bitcoin's bullish trend, an increase in the liquidity of stablecoins is necessary. Since March 2024, Bitcoin has not been able to overcome the $73,700 mark due to tightening monetary policy in the United States. High interest rates around the world have impacted liquidity, including the liquidity of stablecoins and the overall circulation of these coins. The popular stablecoin Tether (USDT) saw its capitalization decline from $83 billion in April 2022 to $65 billion in November 2022.