Bitcoin, Ethereum, and XRP remained stable this morning, despite a significant increase in stablecoin supply, which has reached $160 billion. The report from CryptoQuant notes that there is approximately $32 billion currently parked on exchanges, with daily inflows exceeding $1.2 billion. While some analysts view this as a bullish indicator, suggesting potential for a market rally, others, like Illia Otychenko from CEX.IO, caution that it may indicate a wait-and-see attitude among investors. Despite the buildup of liquidity, they emphasize that immediate investment into crypto assets might not follow without macroeconomic catalysts such as anticipated rate cuts from the Federal Reserve.

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