The stablecoin market cap has recently rebounded by $4 billion, and the total size is now up to $270 billion!

This suggests that over-the-counter capital is gradually moving in and the market is warming up.

But this recovery is still somewhat mild—it’s $14 billion short of the peak in May.

If additional funding doesn’t keep up, it will be very difficult to push Bitcoin to new highs with just this amount of money.

$BTC $ETH $CRCL