10x Research underscores the importance of monitoring the flow of capital in the cryptocurrency market to assess its dynamics. Recent data indicates that since early April 2024, there has been a significant slowdown in broad monetary flows, which could foreshadow an impending price adjustment. However, the resurgence of inflows observed during times when the market is at a bottom suggests growing market confidence. Of particular interest is Tether's recent large-scale issuance, even though part of it might be used for inventory management, it still reflects institutional investors injecting new funds into the cryptocurrency market. Last week, Tether issued approximately $2.8 billion worth of stablecoins in collaboration with Circle, an action interpreted as a sign of market recovery. Should this trend continue, especially considering the combination of stablecoin issuance and institutional capital inflows, it may have a positive impact on Bitcoin and other crypto assets, potentially driving prices upwards.