CoinGape
2022-11-03 07:25:22

Stablecoins Flowing To Spot Exchanges, Has Bitcoin Bottomed?

Bitcoin price witnessed a correction after the Fed hiked interest rates by another 75 bps, but the BTC price held strongly over $20K. Interestingly, the BTC price has rallied two times from the $20,080 level in a week, making a double bottom. Moreover, on-chain data indicates stablecoins inflowing into spot exchanges have reached a new The post Stablecoins Flowing To Spot Exchanges, Has Bitcoin Bottomed? appeared first on CoinGape.

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