Bitcoin News Today: Stablecoin Inflows Herald Bitcoin's Bullish Turn

Bitcoin's liquidity dynamics are flashing signals reminiscent of past bull runs, with analysts and exchange data pointing to a potential surge in the coming months. The convergence of stablecoin inflows, overcollateralized exchange reserves, and historical patterns has reignited speculation about a significant upward shift in the cryptocurrency's price trajectory.

A key development comes from Binance, the world's largest cryptocurrency exchange, which released its latest Proof of Reserves (PoR) report on November 1, 2025. The snapshot revealed that Bitcoin reserves stood at 606,356 BTC with a reserve ratio of 102.11%, indicating the exchange holds more Bitcoin than required to cover user deposits, as per a Binance report. This overcollateralization, combined with similar surpluses in other major assets like BNB and USDT, underscores robust liquidity and reinforces user confidence in the exchange's financial health.

Stablecoin activity further amplifies the bullish narrative. Orbital's Stablecoin Retail Payments Index reported a $41 billion net inflow into stablecoins during Q3 2025, marking the strongest quarterly expansion since 2021, according to a Bitcoinist report. Tether's USDT dominated retail transactions at 83%, while DeFi activity leaned toward USDC. The report highlighted growing adoption in emerging markets, where users in Venezuela, Algeria, and Bolivia paid steep premiums for dollar-pegged tokens, signaling stablecoins' role as a hedge against inflation. Analysts note that such liquidity accumulation often precedes capital rotation into risk assets like Bitcoin.

Historical patterns reinforce this outlook. CryptoQuant analyst Moreno observed that Bitcoin's current liquidity setup mirrors conditions before major rallies since 2020. The Stablecoin Supply Ratio (SSR), which compares Bitcoin's market cap to stablecoin supply, has dropped to the 13 range—a level that historically marked key bottoms, as noted in the Bitcoinist report. Concurrently, the Binance Bitcoin-to-Stablecoin Reserve Ratio shows rising stablecoin holdings and shrinking Bitcoin reserves, a trend that has historically signaled pent-up buying demand, according to the Binance report.

The liquidity-liquidity correlation extends beyond exchanges. The U.S. Dollar Liquidity Index (USDLiq) remains closely tied to Bitcoin, with a 0.85 correlation coefficient—among the highest of any asset class, as noted in the Bitcoinist report. This relationship, which drove Bitcoin's rebounds during the 2020 pandemic and 2023 banking crisis, suggests that renewed liquidity injections, such as those expected after the U.S. government shutdown ends, could catalyze a fresh rally.

While optimism abounds, risks persist. Moreno cautioned that the current liquidity zone acts as a "final line of structural support," warning that a breakdown could trigger a deeper correction before the next bull phase, as noted in the Binance report. However, with Bitcoin trading near $104,500 and speculative leverage flushed out of the market, many analysts view the risk-reward profile as favorable for a move toward $110,000–$115,000 in the next quarter.

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