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Binance Stablecoin Inflows Signal Rising Spot Market Demand Amid Bitcoin Sell-Off

3d ago
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A comic-style scene of a glowing Binance portal absorbing a flood of green dollar coins while flaming Bitcoin coins sink below.

On-chain report shows that stablecoin deposits on cryptocurrency exchange Binance have surpassed $1.65 billion. Such massive user deposits are generally known to precede increased appetite for spot assets, especially after recent market sell-offs. Interestingly, this move comes as Bitcoin crumbles under the weight of whale sheddings and heavy liquidations.

L’article Binance Stablecoin Inflows Signal Rising Spot Market Demand Amid Bitcoin Sell-Off est apparu en premier sur Cointribune.

3d ago
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