Bitcoin Nears Golden Cross as Stablecoin Flows Turn Positive

Stablecoins are a key source of trading liquidity in digital-asset markets, and rising exchange inflows can indicate that investors are preparing to deploy capital. CryptoQuant data now suggest a prolonged contraction in available liquidity may be easing. Still, a single positive reading does not establish a sustained recovery or confirm that a fresh wave of buying power has entered the cryptocurrency market.

Stablecoin net flows to exchanges turned positive for the first time after 113 consecutive days of net outflows, according to CryptoQuant. The inflow was modest and quickly faded toward neutral, pointing to stabilization rather than a broad liquidity surge. Meanwhile, Bitcoin’s 50-day moving average has moved close to its 200-day average. An upward crossover would form a so-called golden cross, a widely watched bullish technical signal.