报告称

比特币的价格行动一直受到几个关键因素的影响，潜在集会的最可靠指标之一是Stablecoins提供的流动性。

Bitcoin’s price action has always been influenced by several key factors, and one of the most reliable indicators for potential rallies has been the liquidity provided by stablecoins. Historically, an increase in stablecoin liquidity often coincides with significant price gains in the cryptocurrency market, and according to a recent report by CryptoQuant, Bitcoin’s next rally could be on the horizon due to expanding liquidity from Tether (USDT) and USD Coin (USDC).

比特币的价格行动一直受到几个关键因素的影响，潜在集会的最可靠指标之一是Stablecoins提供的流动性。从历史上看，斯ababalecoin流动性的增加通常与加密货币市场的价格上涨相吻合。 。

A Surge in Stablecoin Liquidity

Stablecoin流动性激增

Stablecoins have long been a cornerstone of the cryptocurrency ecosystem, providing liquidity and facilitating transactions. Tether (USDT) and USD Coin (USDC) are two of the most dominant stablecoins in the market, and recent data suggests that their liquidity is expanding rapidly. CryptoQuant’s report highlights a notable resurgence in both stablecoins, with USDC showing a growth pace not seen in the past year.

长期以来，稳定剂一直是加密货币生态系统的基石，提供了流动性和促进交易。 Tether（USDT）和USD Coin（USDC）是市场上最主要的两链球菌，最近的数据表明，它们的流动性正在迅速扩大。 CryptoQuant的报告强调了两种Stablecoins的显着复苏，USDC显示出过去一年中没有出现的增长速度。

The overall market cap of stablecoins has reached new heights, surpassing the $200 billion mark and reaching an all-time high of $204 billion. This marks a significant leap from previous levels, and the increase in market cap can be attributed to several factors, including the broader macroeconomic environment.

Stablecoins的整体市值已经达到了新的高度，超过了2000亿美元的成绩，并达到了204亿美元的历史高处。这标志着以前的水平有很大的飞跃，而市值的增加可以归因于几个因素，包括更广泛的宏观经济环境。

The Donald Trump Effect: Improving Market Conditions

唐纳德·特朗普的效果：改善市场状况

The turning point for this surge in liquidity coincided with the U.S. presidential election, particularly the victory of Donald Trump. Following the election, liquidity conditions in the crypto market have improved, with stablecoin issuance seeing a noticeable uptick. The market cap of USDT, which remains the primary stablecoin by market capitalization, has grown by 15%, or approximately $19 billion, since Trump’s election victory in early November.

这种流动性激增的转折点与美国总统大选相吻合，尤其是唐纳德·特朗普的胜利。选举之后，加密货币市场的流动性状况有所改善，Stablecoin发行显着上升。自从特朗普在11月初大选以来，USDT的市值仍然是市场资本化的主要稳定币，大约增长了15％，约为190亿美元。

Meanwhile, USDC has also seen remarkable growth. In the same period, USDC’s market cap increased by 48%, rising by an impressive $17 billion. This surge signals that demand for stablecoins is growing, which is often a precursor to a bullish period for Bitcoin and the broader cryptocurrency market.

同时，USDC也看到了显着的增长。在同一时期，USDC的市值增加了48％，增长了170亿美元。这种涌现的信号表明对稳定币的需求正在增长，这通常是看涨比特币和更广泛的加密货币市场的先兆。

USDT’s Growing Presence on Exchanges

USDT在交流中的日益增长的存在

CryptoQuant’s data reveals that not only is stablecoin liquidity expanding, but these assets are also seeing increased activity on centralized exchanges. The total amount of USDT deposited on exchanges has grown exponentially, rising from $30.5 billion on November 4 to a record $43 billion today, representing a 41% increase. This surge in exchange deposits is important because it directly impacts liquidity available for trading, which often results in increased price volatility and potential upward price movements.

加密的数据表明，不仅Stablecoin流动性在扩大，而且这些资产在集中式交易所的活动也增加了。交易所存入的USDT总额已成倍增长，从11月4日的300亿美元增加到今天的430亿美元，增长了41％。这种交换存款的激增很重要，因为它直接影响可用于交易的流动性，这通常会导致价格波动提高和潜在的上价变动。

“The total value of stablecoins is an important source of liquidity for trading on exchanges, and its expansion is generally associated with higher crypto prices,” CryptoQuant explains in their report. As more liquidity enters exchanges in the form of USDT and USDC, the stage is set for increased buying pressure on Bitcoin and other cryptocurrencies.

CryptoQuant在其报告中解释说：“ Stablecoins的总价值是交易交易的重要流动性，其扩展通常与更高的加密价格有关。”随着更多的流动性以USDT和USDC的形式进入交流，该阶段旨在增加对比特币和其他加密货币的购买压力。

Historical Trends: Liquidity Expansion and Crypto Price Rallies

历史趋势：流动性扩展和加密价格集会

Historically, whenever the liquidity of stablecoins expands, a rally in crypto prices tends to follow. CryptoQuant notes that a growing liquidity impulse – the 30-day percentage change in market capitalization – has historically been a precursor to price surges. For instance, USDT’s liquidity impulse has recently turned slightly positive after a 2% decline earlier in the year. USDC has seen even more substantial growth, with a 20% rise in liquidity impulse, marking the first such surge in nearly a year.

从历史上看，每当Stablecoins的流动性扩展时，加密价格的集会就会随之而来。 CryptoQuant指出，越来越多的流动性冲动 - 市值的30天百分比变化 - 历史上一直是价格飙升的先驱。例如，在今年早些时候下降了2％之后，USDT的流动性冲动最近变成了略有正向。 USDC的增长更加实质性，流动性冲动增加了20％，这标志着将近一年的第一次激增。

Typically, further acceleration in stablecoin liquidity is followed by a bullish phase in the broader market. This is because the increased liquidity on exchanges means that there is more buying power, which can push prices higher. With Bitcoin’s recent price action showing signs of consolidation, this influx of liquidity could be just the catalyst needed to drives the next rally.

通常，在更广阔的市场中，稳定的流动性进一步加速后是看涨阶段。这是因为交流的流动性增加意味着购买力更多，这可以提高价格。随着比特币最近的价格动作显示了合并的迹象，这种流动性的涌入可能只是驱动下一次集会所需的催化剂。

What This Means for Bitcoin

这对比特币意味着什么

Bitcoin’s price has seen impressive gains in the past year, and the expanding stablecoin liquidity suggests that more upward momentum could be in store. As the market becomes more liquid and exchanges experience higher deposits, Bitcoin could see a surge in buying pressure, which may lead to significant price increases.

在过去的一年中，比特币的价格取得了令人印象深刻的收益，而不断扩大的Stablecoin流动性表明，更多的上升势头可能会出现。随着市场变得越来越流动，交换经历更高的存款，比特币可能会看到购买压力的激增，这可能会导致价格大幅上涨。

The correlation between stablecoin liquidity and Bitcoin’s price movements isn’t just speculative; it’s grounded in historical trends. CryptoQuant’s data indicates that these liquidity surges are typically followed by rallies, and with the right market conditions in place, Bitcoin could be poised for another breakout.

Stablecoin流动性与比特币的价格变动之间的相关性不仅仅是投机性；它基于历史趋势。加密的数据表明，这些流动性的潮流通常紧随其后是集会，并且在适当的市场条件下，比特币可能会再次突破。

Conclusion

结论

With USDT and USDC market caps rising, coupled with a favorable macroeconomic environment, Bitcoin’s next rally may not be far off. Historical data supports the notion that expanding stablecoin liquidity is a reliable indicator of potential price increases in the crypto market. As we enter 2025, Bitcoin investors will be closely watching these liquidity trends, which may hold the key to unlocking the next major price surge. If the current trends continue, Bitcoin could very well be gearing up for another bullish run.

随着USDT和USDC市值的上升，再加上一个有利的宏观经济环境，比特币的下一个集会可能并不遥远。历史数据支持以下观点：扩大Stablecoin流动性是加密市场潜在价格上涨的可靠指标。当我们进入2025年时，比特币投资者将密切关注这些流动性趋势，这可能是释放下一个主要价格飙升的关键。如果目前的趋势继续下去，比特币很可能为另一项看涨奔跑做好准备。