Three weeks ago, we were concerned about a significant decrease in Bitcoin ETF trading volume. However, Bitcoin has since been trading within a volatile range, and we have found that the key upward momentum is coming from stablecoins rather than Bitcoin ETF trading volume. This realization has led us to once again be bullish on Bitcoin, as it may experience a significant surge.
"10x Research: Stablecoin Inflows Supplant ETFs as Driving Force for Price Surge; ENA Aims for $5"