Stablecoin Reserves Increasing on the Hourly

Stablecoin-Reserves-Increasing-on-the-Hourly

Over the last week, the stablecoin supply on exchanges has been declining. This trend has reversed on the hourly chart around midnight (UTC) today and stablecoin supply on exchanges is climbing up steeply. It could be either people stepping out of their positions into stablecoins to wait what is happening next in the markets and/or fresh capital flowing into exchanges. It looks like bitcoin's price might be ready for a move either way.