The SSR measures the ratio between the supplies of bitcoin and stablecoins. As stablecoins represent buying power, a reduction in the SSR implies that investors are sending stablecoins to exchanges, likely for the purpose of buying bitcoin. Since Jan. 11, the SSR has increased 32%. So while BTC’s price has risen, investors do not appear to be sending stablecoins to exchanges en masse to add to long positions.
Read More: www.coindesk.com
Bitcoin (BTC) $ 97,218.00
Ethereum (ETH) $ 3,594.40
Tether (USDT) $ 1.00
Solana (SOL) $ 240.77
XRP (XRP) $ 1.69
BNB (BNB) $ 659.73
Dogecoin (DOGE) $ 0.426174
USDC (USDC) $ 1.00
Cardano (ADA) $ 1.05
Lido Staked Ether (STETH) $ 3,592.82
Avalanche (AVAX) $ 44.25
TRON (TRX) $ 0.204707
Toncoin (TON) $ 6.42
Stellar (XLM) $ 0.522851
Wrapped stETH (WSTETH) $ 4,271.20
Shiba Inu (SHIB) $ 0.000026
Wrapped Bitcoin (WBTC) $ 97,146.00
Polkadot (DOT) $ 8.62
Chainlink (LINK) $ 18.06
Bitcoin Cash (BCH) $ 515.16
WETH (WETH) $ 3,594.42
Sui (SUI) $ 3.52
Pepe (PEPE) $ 0.000020
NEAR Protocol (NEAR) $ 6.88
LEO Token (LEO) $ 8.67
Uniswap (UNI) $ 12.74
Litecoin (LTC) $ 101.01
Wrapped eETH (WEETH) $ 3,803.88
Aptos (APT) $ 13.06
Hedera (HBAR) $ 0.159793
Internet Computer (ICP) $ 11.87
USDS (USDS) $ 0.999256
Cronos (CRO) $ 0.183038
Ethereum Classic (ETC) $ 31.70
Bittensor (TAO) $ 625.92
Render (RENDER) $ 8.92
POL (ex-MATIC) (POL) $ 0.567148
Ethena USDe (USDE) $ 1.00
Artificial Superintelligence Alliance (FET) $ 1.65
Kaspa (KAS) $ 0.154048
Arbitrum (ARB) $ 0.923865
Filecoin (FIL) $ 6.02
VeChain (VET) $ 0.044274
Bonk (BONK) $ 0.000047
Celestia (TIA) $ 8.05
Dai (DAI) $ 1.00
Stacks (STX) $ 2.30
WhiteBIT Coin (WBT) $ 23.54
Algorand (ALGO) $ 0.407758
Cosmos Hub (ATOM) $ 8.53
