Bitcoin has surged in the last 24 hours with its price recovering back to $57,000.

On-chain data shows some indicators related to the stablecoin supply have set new all-time highs recently, a sign that may be bullish for Bitcoin.<

On-chain data shows the stablecoin market cap has returned to positive growth recently, which can be bullish for Bitcoin.

On-chain data shows that stablecoin exchange inflows have seen a sharp drop recently. This could be bearish for the Bitcoin price.

On-chain data suggests the whale entities have bought up around 5% of the supply of the major stablecoins over the past three weeks.

On-chain data shows the Bitcoin Exchange Stablecoins Ratio has plunged to its lowest since March 2023. Here’s what this could mean for BTC.

On-chain data shows the stablecoin supply has surged alongside Bitcoin’s latest break above $50,000, a sign that could be bullish for the market.

On-chain data shows stablecoins have recorded more than $4 billion in inflows in the past month. Here’s why this could be relevant for Bitcoin.