Crypto News: Crypto’s ‘Dry Powder’ Indicator Just Flipped – Here’s What’s Next, According to Will Clemente

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There’s a lot of dry powder in the crypto market just as Bitcoin (BTC) is showing a historical bottom indicator, according to popular on-chain analyst Will Clemente. In a new installment of the Blockware Intelligence newsletter analysis, Clemente tracks the combined market capitalization of the two biggest stablecoins, Tether (USDT) and USD Coin (USDC), relative to the market cap of all crypto assets. The analyst notes when the market cap of the two stablecoins is low compared to the ove ...

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