Trend · Nov 5, 2026 08:50 UTC

stablecoin velocity remains the swing factor for hedging demand

Stay close to what users and balance sheets are actually doing.

That debate sits next to today’s market focus around “Mercado Bitcoin Plans View.”

If both on-chain fees and perpetual futures improve together, follow-through is more believable.

Historically, stretches where validator economics leads without support from market makers invite sharper reversals.

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