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The Daily Hodl
2022-08-02 21:00:00

Stablecoin Pattern Suggests Massive Bitcoin Breakout May Be Incoming, According to Crypto Analytics Firm Santiment

Stablecoin Pattern Suggests Massive Bitcoin Breakout May Be Incoming, According to Crypto Analytics Firm Santiment

Crypto analytics firm Santiment says that the dwindling supply of stablecoins may be a sign that a massive Bitcoin (BTC) breakout is on the horizon. According to the market intelligence firm, the circulating supply of Tether (USDT) and USD Coin (USDC), the two biggest stablecoins by market cap, has been dramatically decreasing since May 2022. […]The post Stablecoin Pattern Suggests Massive Bitcoin Breakout May Be Incoming, According to Crypto Analytics Firm Santiment appeared first on The Daily Hodl.

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