Analysts: Given that stablecoin minting indicators have not yet returned to active levels, Bitcoin holders should be cautious about rebounds

Reprinted from panewslab
04/23/2025·25DPANews April 23 news, Bitcoin rose 12% this week, with relevant exchange-traded funds (ETFs) inflows surged, analysts believe Bitcoin may soon reach $100,000, but 10x Research research director Markus Thielen said in a market report: "Given that the stablecoin minting indicator has not yet returned to active levels, we are still cautious about the sustainability of the current Bitcoin rally."