On-chain data shows the RSI of the Bitcoin Stablecoin Supply Ratio (SSR) has 
dropped to a low of 13, a sign that the stablecoin supply is high relative to 
the BTC market cap. Bitcoin SSR RSI Has Sharply Gone Down Recently In a new 
post on X, CryptoQuant analyst Maartunn has discussed the latest trend in the 
RSI of the Bitcoin SSR. The &#8220;SSR&#8221; is an on-chain indicator that measures the 
ratio between the market cap of BTC and the combined valuation of all 
stablecoins. Related Reading: XRP Could Offer Major Buying Opportunity At 
$0.90, Analyst Says Stablecoins, digital assets that have their price pegged 
to a fiat currency, serve a different purpose in the sector than volatile 
assets like BTC. Generally, investors store their capital in the form of 
stablecoins whenever they want to avoid the volatility associated with other 
cryptocurrencies. These holders tend to eventually venture back into BTC and 
other coins, and when they do, they swap their stables in favor of them. 
Because of this, stablecoins are often looked at as a representation of the 
potential &#8220;dry powder&#8221; waiting on the sidelines for the volatile side of the 
sector. As the SSR tracks the market cap of Bitcoin against these assets, it 
essentially tells us about how the value of the number one cryptocurrency 
compares to this dry powder. In the context of the current topic, the SSR 
itself isn&#8217;t directly of relevance, but rather its Relative Strength Index 
(RSI), a momentum oscillator tracking the magnitude and speed of recent 
changes in the metric. Now, here is the chart shared by Maartunn that shows 
the trend in the Bitcoin SSR RSI over the last few years: As displayed in the 
above graph, the Bitcoin SSR RSI has witnessed a notable drawdown recently and 
has entered into the &#8220;undervalued&#8221; zone. This means that the SSR has declined 
enough that it may be probable to see a rebound. Currently, the indicator is 
sitting at a value of 13, which is quite low when compared to the past. 
&#8220;There&#8217;s a lot of stablecoin liquidity sitting on the sidelines relative to 
Bitcoin&#8217;s market cap,&#8221; noted the analyst. This low has arrived as BTC and 
other assets have observed a steep bearish trajectory. It now remains to be 
seen whether investors will start deploying the excess stablecoin capital into 
the market to buy at these lower prices, potentially helping the assets 
stabilize. Related Reading: Bitcoin Recovery Needs This To Happen, Glassnode 
Analyst Reveals In some other news, the recent Bitcoin drawdown has meant that 
a huge amount of supply has entered into a state of loss. As highlighted by 
Maartunn in another X post, 52% of the cryptocurrency&#8217;s supply in circulation 
is now underwater. BTC Price At the time of writing, Bitcoin is floating 
around $62,700, down nearly 10% in the last seven days. Featured image from 
Dall-E, chart from TradingView.com

On-chain data shows the RSI of the Bitcoin Stablecoin Supply Ratio (SSR) has dropped to a low of 13, a sign that the stablecoin supply is high relative to the BTC market cap. Bitcoin SSR RSI Has Sharply Gone Down Recently In a new post on X, CryptoQuant analyst Maartunn has discussed the latest trend &#8230;

Bitcoin Stablecoin Ratio Drops To Extreme Low—What It Means For BTC

Prediction market accuracy has suffered under both weak and excessive insider 
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Meta&#8217;s collaboration with Reliance to establish an AI data center in India 
signifies a strategic shift towards localizing tech infrastructure, enhancing 
digital growth.
The post Meta partners with Reliance to build AI data center in India appeared 
first on Crypto Briefing.

Meta&#8217;s collaboration with Reliance to establish an AI data center in India signifies a strategic shift towards localizing tech infrastructure, enhancing digital growth. The post Meta partners with Reliance to build AI data center in India appeared first on Crypto Briefing.

Meta partners with Reliance to build AI data center in India

The 2026 World Cup in LA highlights challenges in logistics, security, and 
economic disparities, serving as a precursor to the 2028 Olympics.
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The 2026 World Cup in LA highlights challenges in logistics, security, and economic disparities, serving as a precursor to the 2028 Olympics. The post FIFA chief warns Los Angeles of World Cup &#8216;happy barbarians&#8217; descending on the city appeared first on Crypto Briefing.

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Shopee&#8217;s AI-driven job cuts highlight a tech industry shift, balancing cost 
efficiency with the need for rapid innovation to stay competitive.
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Shopee&#8217;s AI-driven job cuts highlight a tech industry shift, balancing cost efficiency with the need for rapid innovation to stay competitive. The post Shopee cuts hundreds of developer jobs amid AI adoption appeared first on Crypto Briefing.

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The partnership could significantly enhance crypto crime prevention in South 
Korea, potentially setting a precedent for global law enforcement 
collaboration.
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appeared first on Crypto Briefing.

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Bitcoin Stablecoin Ratio Drops To Extreme Low—What It Means For BTC

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