Stablecoin Dominance Holds Firm While Crypto Rally Faces Bull Trap Risks

TLDR: Stablecoin dominance remains above weekly support, signaling continued defensive market positioning. Bitcoin’s recent recovery was largely driven by derivatives instead of strong spot demand. Record stablecoin supply suggests large amounts of sidelined liquidity remain undeployed. Analysts say a break below 10% dominance could confirm stronger capital rotation into crypto. Stablecoins are central to crypto [...]

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