BUSINESSAug 11 · 10:55 UTCCOINTELEGRAPHCointelegraph by William Suberg

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

Bitcoin analysis suggests that sell pressure will not increase, a conclusion reached following a historically large contraction in the USDT market cap over 60 days. This observation was made after Bitcoin experienced a $4B drop in USDT market capitalization.

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