Bitfinex: Lack of stablecoin supply growth undermines BTC rebound

This points to a structural gap in the current rebound: price recovery without the stablecoin expansion that typically signals fresh capital entering the market. The distinction matters because it separates rallies driven by positioning from those backed by new money, and it affects traders treating the move as durable. Whether stablecoin supply begins to grow again is the open question that would confirm or undercut the move's foundation.