Analyst: Bitcoin holders should be cautious about the rebound as stablecoin minting metrics have not yet returned to active levels
PANews April 23 report: According to Cointelegraph, Bitcoin rose by 12% this week with a surge in exchange-traded fund (ETF) inflows. Analysts believe Bitcoin may soon reach $100,000, but Markus Thielen, Head of Research at 10x Research, stated in a market report: "Considering the stablecoin minting metrics have not yet returned to active levels, we remain cautious about the sustainability of the current Bitcoin rally."
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