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Bitcoiners should be cautious over rally as stablecoin indicator lags: Analyst

Cointelegraph.com NewsBitcoin’s 12% rally over the week and a surge in related exchange-traded fund (ETF) inflows have analysts thinking it could soon reach $100,000, but one crypto analyst has said to temper hopes as a key indicator is still giving mixed signals.“Given that our stablecoin minting indicator has yet to return to high-activity levels, we remain cautious about the sustainability of… 

​Bitcoin’s 12% rally over the week and a surge in related exchange-traded fund (ETF) inflows have analysts thinking it could soon reach $100,000, but one crypto analyst has said to temper hopes as a key indicator is still giving mixed signals.“Given that our stablecoin minting indicator has yet to return to high-activity levels, we remain cautious about the sustainability of… 

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