The decrease trend in the total stablecoins market capitalization has persisted for over a month.

The-decrease-trend-in-the-total-stablecoins-market-capitalization-has-persisted-

At the 1 October, the total market cap of stablecoins stood at $270.3B. However, due to a sustained net outflow trend, it has since declined to $263.4B.

Over the past month, $6.9B of stablecoins has flowed out of the market.

Bullish trends typically emerge when fund flows into the market. Throughout the last month, funds have consistently exited, and Bitcoin has also remained in a bearish phase.

For a rebound to occur, stablecoins must flow back into the market.

Once stablecoin flows shift back to a net inflow, the market is likely to show a rebound.