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Bitcoin sell pressure ‘closer to exhaustion’ after $4B USDT market-cap drop: CryptoQuant

CoinTelegraph
Bitcoin 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.

Key Takeaways

  1. Bitcoin analysis suggested that sell pressure would not increase given the historically large contraction in USDT market cap over a 60-day period.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
Read Full Article on CoinTelegraph

Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.