Stablecoin supply just shrank $14.2B in 30 days, the fastest drop since June 2022, and $BTC sits at $73,671.
The Block says USDT and USDC made up nearly $11B of it. CryptoSlate adds that Bitcoin's apparent demand is down 284,000 BTC.
$ETH $2,048.29 · $SOL $82.99
👀 Is less dollar liquidity the real reason $BTC is stuck?
#StablecoinSupplyDrops$14.2BIn30Days #Bitcoin
The Block says USDT and USDC made up nearly $11B of it. CryptoSlate adds that Bitcoin's apparent demand is down 284,000 BTC.
$ETH $2,048.29 · $SOL $82.99
👀 Is less dollar liquidity the real reason $BTC is stuck?
#StablecoinSupplyDrops$14.2BIn30Days #Bitcoin
