Analyst: Given that stablecoin minting indicators have not yet returned to active levels, the rebound should be viewed with caution

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ODAILY
04-23
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Planet Daily News: Bitcoin rose 12% this week, with a surge in related exchange-traded funds (ETF) inflows. Analysts believe Bitcoin may soon reach $100,000. However, Markus Thielen, research director at 10x Research, stated in a market report: "Given that stablecoin minting indicators have not yet returned to an active level, we remain cautious about the sustainability of the current Bitcoin rally." (Cointelegraph)

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