According to the Daily Planet, crypto fund company EMC Labs pointed out in its November briefing that EMC Labs Emergence Engine data showed that after the net inflow of stablecoins in the entire market turned positive in October, the net inflow of stablecoins in November expanded to US$3.5 billion, 3.5 times the net inflow in October. At present, all parties in the market assume that this round of interest rate hikes has ended, and funds have begun to flow into equity assets with higher risk preferences such as BTC.
In the monthly report, EMC Labs judged that if stablecoins continue to flow in in December, then stablecoins will be confirmed to enter a bull market. In conjunction with BTC, which has long been out of the bear market, in the most optimistic scenario, the crypto market will enter the early stages of the fifth round of crypto asset bull market as early as January 24.
