BNB$660.13+0.51%BRENT$93.47-0.33%BTC$74,794+0.66%COPPER$6.54+1.20%DJI$52,759-1.32%DOGE$0.0820+1.09%DXY98.75-0.15%ETH$2,343+0.25%GOLD$4,538+0.48%NDX$29,213-0.72%SILVER$68.94+1.26%SOL$89.06+0.12%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%BNB$660.13+0.51%BRENT$93.47-0.33%BTC$74,794+0.66%COPPER$6.54+1.20%DJI$52,759-1.32%DOGE$0.0820+1.09%DXY98.75-0.15%ETH$2,343+0.25%GOLD$4,538+0.48%NDX$29,213-0.72%SILVER$68.94+1.26%SOL$89.06+0.12%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%
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·Confidence 80%

Bitcoin Sell Pressure Eases Following $4 Billion USDT Drop

Key takeaways

  • CryptoQuant reports a reduction in Bitcoin's sell pressure, but a sustained recovery will depend on new capital inflows to support market momentum.
#Bitcoin#Crypto Market#USDT

Analysis

CryptoQuant reports a reduction in Bitcoin's sell pressure, but a sustained recovery will depend on new capital inflows to support market momentum.

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