Bitcoin fell below $64,000 on Saturday, extending its decline as weak inflows of stablecoins pointed to moderate demand for crypto assets. BTC was trading near $63,919, down about 2.3% over 24 hours, according to market data from Binance.
The 30-day average inflow of USDT and USDC is around $2.3 billion, well below the 365-day average of $3.7 billion. When BTC hit its all-time high, the figures were approximately $5.6 billion and $4.3 billion, respectively.
The 30-day average inflow of USDT and USDC is around $2.3 billion, well below the 365-day average of $3.7 billion. When BTC hit its all-time high, the figures were approximately $5.6 billion and $4.3 billion, respectively.