Allium: Stablecoin payment volume rose 45% to $482 billion in the first three quarters, while supply grew just 0.4%
Let’s look at both the bullish and bearish cases:
Bullish case: The event offers a fresh narrative and could attract more attention;
Bearish case: The positive news may already be priced in, making the announcement a potential exit point;
My take: Both sides have a point. Ultimately, it comes down to how $BTC ’s price and trading volume behave.
$BTC is currently at 82509.26, up 1.95% over 24 hours, with a 24-hour range of 79800–82940.81.