According to @Circle, the company has minted another $250 million worth of USDC, further boosting the total supply of this major stablecoin (source: Circle Twitter, 2024-06-20). This substantial increase in USDC liquidity is considered a strong bullish signal for the cryptocurrency market, as it often precedes or accompanies large-scale trading activity and potential inflows into major crypto assets. Traders should closely watch for heightened volatility and price movements in Bitcoin, Ethereum, and leading altcoins, as increased stablecoin minting typically correlates with upcoming market rallies or institutional participation.