Stablecoin Outflows Don’t Signal Bull Market, Says BTC.top Founder Jiang Zhuoer

BitcoinWorld Stablecoin Outflows Don’t Signal Bull Market, Says BTC.top Founder Jiang Zhuoer Stablecoins have continued to flow out of the crypto market over the past month, but according to Jiang Zhuoer, founder of mining pool BTC.top, this should not be interpreted as a signal that a bull market is beginning.

In a recent analysis, Jiang highlighted that Tether’s USDT market capitalization fell to $183.1 billion from $184.2 billion, while USD Coin’s market cap declined to $72.15 billion from $73.28 billion.

These outflows, he argues, are not necessarily a precursor to a sustained rally. Understanding Stablecoin Outflows Stablecoin outflows have often been viewed by traders as a sign that investors are moving capital out of crypto, either to fiat or to other assets.

However, Jiang’s comments suggest that the current reduction in stablecoin supply may reflect a broader risk-off sentiment rather than a strategic repositioning for a bull run.