According to Cointelegraph, Markus Thielen, the research director of 10x Research, warns investors to remain cautious as stablecoin minting indicators have not yet returned to high activity levels, which could affect the sustainability of the current rebound. The analyst points out that $95,000 is a key resistance level for Bitcoin, and if market uncertainty continues to decline, Bitcoin may be expected to break through the $100,000 mark.
10x Research Director: Stablecoin minting indicators have not yet returned to high activity levels, which may affect the sustainability of the current rebound
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