USDC supply growth turned negative on Oct 3.
$BTC
topped at 86.5K the next day.
Now USDT sits at -3.93% over 30 days, the lowest in a year. USDC: -3.44%.
Traders are cashing stablecoins out of crypto. Until that cash comes back,
$BTC
bounces stay weak.
$BTC
topped at 86.5K the next day.
Now USDT sits at -3.93% over 30 days, the lowest in a year. USDC: -3.44%.
Traders are cashing stablecoins out of crypto. Until that cash comes back,
$BTC
bounces stay weak.
