Bitcoin

<ul><li>Liquidity in the digital asset market is shrinking, with both on-chain and off-chain volumes hitting historic lows.</li><li>Stablecoins are experiencing a continuous drop in supply, except for Tether  while Capital inflows into Bitcoin and Ethereum have increased this year.</li><li>A total of $43 billion in capital has been redeemed from stablecoins since March 2022, with USDT being the exception, experiencing an increase.</li></ul>Blockchain data intelligence firm Glassnode has <a href="https://insights.glassnode.com/the-week-onchain-week-37-2023/" rel="noopener noreferrer nofollow">stated</a> that liquidity in the digital asset market &#34;continues to dry up&#34;. Liquidity, volatility, and volume continue to fall across the digital asset market, with many metrics returning to pre-bull levels in 2020.In a recent tweet, Glassnode highlighted the current condition of the market:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/26be95823ab641fd9614df1daa518a0d.png" />Liquidity is a key indicator of how well financial markets are functioning. It refers to how easily assets could be bought or sold—and when it dries up, it could be disruptive. On-chain and off-chain volumes have reached historical lows, indicating less activity and trading than in the past.In spite of the decrease in liquidity, the market appears to prefer &#34;HODLing&#34;. This means many investors prefer holding on to their digital assets rather than actively trading them.Further the report stated, &#34;whilst HODLing remains the market preference, a significant proportion of the supply is teetering on the edge of falling into a significant unrealized loss&#34;. This means that the value of their holdings may have fallen below what they paid for them, but they haven&#39;t sold them yet, causing uncertainty and pressure on holders to decide whether to sell or hold.Read full article at<a href="https://cryptotale.org/digital-asset-market-experiences-vanishing-liquidity-report/" rel="noopener noreferrer nofollow"> CryptoTale .</a>

Digital Asset Market Experiences Vanishing Liquidity: Report

CryptoTale

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