2 sourcesTracking since 11 Aug, 10:55
Bitcoin sell pressure ‘closer to exhaustion’ after $4B USDT market-cap drop: CryptoQuant
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First seen11 Aug, 10:55Bitcoin sell pressure ‘closer to exhaustion’ after $4B USDT market-cap drop: CryptoQuant
Bitcoin analysis suggested that sell pressure would not increase given the historically large contraction in USDT market cap over a 60-day period.
Cointelegraph•Cointelegraph by William Suberg
Latest11 Aug, 11:06CryptoQuant: Bitcoin sell pressure eases after $4B USDT drop
Bitcoin's sell pressure may ease, but sustained recovery hinges on new capital inflows to drive upward momentum in the crypto market.
CryptoBriefing•Editorial Team