SimpleSwap Data Indicates That Panic in the Crypto Market Has Weakened
2026-08-20 22:37:06
According to CoinMeta, a report indicates that despite the weakening of panic sentiment in the crypto market, no new reasons for panic have been found. The report shows that Bitcoin fell by 17.5% in February and 15.7% in June, yet the inflow of stablecoins in June was below average. It is also mentioned that although market sentiment reached a historical low in February, there were no signs of relaxation in June. Overall, the supply of stablecoins remained at around $310 billion during this period, while the Allium dashboard of Visa recorded a record-high adjusted transfer volume of $1.79 trillion in June.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
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