[Bitfinex: Bitcoin Lacks Capital Support Before Stablecoin Supply Turns to Growth] Foresight News reports that Bitfinex tweeted that while the S&P 500 Index continues to hit new highs, Bitcoin is hovering around $64,000. The stock market's rise is based on expectations of lower monetary costs, whereas Bitcoin requires actual capital. Since mid-May, the supply of stablecoins has decreased by $14 billion. Before the stablecoin supply shifts back to growth, this round of market activity lacks capital support.