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Bitcoin stablecoin supply ratio (SSR) shows: current investors' purchasing power is stronger than the last bull run.
Core On-Chain Data Insights: SSR Indicator Reveals Market "Reserve Funds" Status
On-chain data analytics company Glassnode highlighted the latest trends of the Bitcoin Stablecoin Supply Ratio (Stablecoin Supply Ratio, SSR) in its latest weekly report. This metric measures the ratio between the circulating supply of Bitcoin and the total supply of stablecoins.
Stablecoins: The "Reserve Currency" and Pricing Foundation of the Crypto Market
SSR: A key indicator of Bitcoin's relative purchasing power
Current Focus: SSR Oscillator ( SSR Oscillator ) is Neutral
Data Analysis Conclusion: Purchasing power is in a neutral range