Problems with stablecoins BTC to par the one which… tendency increasedin the chain of events BTC bullseems possible.
One of the most important issues in the crypto industry “ stablecoins “It started to shake. Recently in stablecoinsThe problems experienced have almost affected the crypto market. stamp shot . When we look at the chain of events, we can ignite the crisis in stablecoins. BUSD it looks burned. The world’s most popular and largest crypto exchange Binance’sstablecoin BUSD had worried the crypto investor by experiencing various problems. Following the events, USD Coin ( USDC) side problems stablecoin your problemeven more serious halo brought.
The problems experienced with stablecoins have made investors want to trade crypto “ BTC to par” and start a possible BTC bull run?
Beginning of Chain of Events: Stablecoins Go Away
stablecoin‘ yoursconsidering their performance over the past week, “ from the purpose they went out “It seems obvious. Crypto investors cashThese assets, which he called ”, are for the sector when they deviate from their purpose. big risk creates “. Plot BUSD sided crisesstarting with, Silicon Valley Bank’sa USDC issuer after bankruptcy of the circleannouncing that some of its funds remain in the bank, and Fed‘s targeting stablecoins has intensified. stableThe loss of stability of these assets, which are known as the “So-called”, out of function, creating an atmosphere of panic in the sector. BTC‘ of the value to the losshad caused.
One of the pioneers of stablecoins USDCtaken into account, the percentage in a short time period 33. 87‘ ness there is movement. such a your mobilityseen in these assets big dangers contains “. Crypto investors trustworthy portThe stable assets they call ” from function can come outand in crypto trading “ big to mistakes“It has been seen with the naked eye that it can lead to.
Can the Volume of Stablecoins Switch to the Side of BTC?
When we consider the year 2017, the crypto trade that took place is very a large part of which is composed of BTC parity. is seen. currently BTC, which received a reaction at $ 26,400 is taking firm steps forward for its market value. Stablecoin side issues, part of the money in the crypto market BTC‘ eat in the translation It was a big factor. The leader of cryptocurrencies, which increased by 35 percent in a week, started creating his own bull run?
Crypto trade of the pool The realization of stablecoins in recent months has gradually increased confidence in assets. Looking at the current process, with the plot of events This to assets heard trust decreased is seen . Problems with stablecoins and crypto investors escaping from this port, BTC trade to the pool almost migration can start.
Bitcoin Bull’s Major Criterion: Dominance
to stablecoins trust with the decreaseTogether, the BTC price is in direct proportion to the BTC dominance. hard ” is observed to rise. Considering the past processes, in the crypto market in 2017 “ BTC rally ‘ had been observed. One of the main reasons for this is “stablecoin”. ‘Due to the unpopularity of crypto- of trade BTC at par was to happen ” Turning to today, it is true that BTC has really “made” the industry in a fundamental and technical sense. leadership “We see it happening. currently at resistance level BTC dominance, percentage 46. 19as price and dominance if it breaks its resistance. unbelievable to the upscan step.
Bull Season in BTC Parities in 2017
The year 2017, which changed the course of crypto history, still by the name promise is making . When we look at the past, only the bull seasons experienced We see that it is not stablecoin-based.BTC in 2017 2,760from dollars 19. 800percent with an increase in dollars 616 An increase of . When we examine the rise in altcoins, to BTC in proportion Incredible increases in value have been observed. Considering the events that took place, The rises in the stablecoin parity were pale.
BTC in real terms flag in your hand take itrise, both on his side unbelievable One volumeas well as Altcoin/BTCa great deal in trade pool had created. One of the pioneers of altcoins XRPIf we take into account, rather than stablecoin parity, XRP/ BTCIt is noteworthy that the rate of increase of 3758 percent.
Considering the historical event chart, it seems likely that BTC will create its own bull season. From the crypto market “ temperamental buyer finder BTC ” is advancing with firm steps in terms of both dominance and price. The continuation of stablecoin-based problems may accelerate the rise of BTC.
