Analyst: High stablecoin dominance may signal crypto downtrend

Crypto analyst Jason Pizzino said Bitcoin (BTC) and other digital assets could face downside pressure if Tether (USDT) dominance stays above 3.7%, according to The Daily Hodl. He noted that continued high stablecoin dominance suggests capital is not rotating back into crypto, which may limit market upside. Pizzino also pointed to a combined USDT and USDC dominance above 5% as a key threshold that must be broken for stronger rallies in BTC and ETH.