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CryptoGlobe
2022-08-03 21:10:00

$BTC: Decreasing ‘Stablecoin Circulation’ Despite Increase in Bitcoin Price Could Suggest Upcoming Breakout

$BTC: Decreasing ‘Stablecoin Circulation’ Despite Increase in Bitcoin Price Could Suggest Upcoming Breakout

The decreasing supply of stablecoins circulating could suggest that the flagship cryptocurrency Bitcoin ($BTC) is set to breakout upwards in the near future, based on historical data. That’s according to cryptocurrency analytics firm Santiment, which noted in a new report that the circulating supply of leading stablecoins Tether ($USDT) and $USDC has been decreasing since […]

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