coin-img-ETHETH+7.19%coin-img-BTCBTC+2.61%coin-img-SOLSOL+6.13%coin-img-XRPXRP+3.92%coin-img-CRKCRK-67.61%coin-img-WPWP-40.03%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+3.79%coin-img-ETHETH+7.19%coin-img-BTCBTC+2.61%coin-img-SOLSOL+6.13%coin-img-XRPXRP+3.92%coin-img-CRKCRK-67.61%coin-img-WPWP-40.03%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+3.79%coin-img-ETHETH+7.19%coin-img-BTCBTC+2.61%coin-img-SOLSOL+6.13%coin-img-XRPXRP+3.92%coin-img-CRKCRK-67.61%coin-img-WPWP-40.03%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+3.79%coin-img-ETHETH+7.19%coin-img-BTCBTC+2.61%coin-img-SOLSOL+6.13%coin-img-XRPXRP+3.92%coin-img-CRKCRK-67.61%coin-img-WPWP-40.03%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+3.79%

Bitcoin Tops $74,000, Ethereum Surpasses $2,270 as Stablecoin Supply Hits Record $81.1 Billion

Bitcoin and Ethereum rose above $74,000 and $2,270 respectively amid geopolitical tensions, while equities and gold faced pressure, QCP's latest market report shows. Total stablecoin supply increased with USDC reaching a record high of approximately $81.1 billion last week, signaling fresh capital entering the crypto market. Bitcoin ETFs recorded net inflows for five consecutive trading days, with BlackRock's product posting roughly $1.75 billion in inflows over three straight weeks, and the firm notes that a decisive move above $75,000 could trigger a gamma-driven momentum rally, with $74,500 identified as a key short-term resistance level where concentrated short positions face potential liquidation.
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