Binance USDT Liquidity Signals Consolidation, Not Bitcoin Recovery Yet

The post Binance USDT Liquidity Signals Consolidation, Not Bitcoin Recovery Yet appeared first on Coinpedia Fintech News

Markets love to celebrate the first sign of stability. The data, however, isn’t always as enthusiastic. While Bitcoin continues trading in the low $60,000 range this June, Binance’s USDT liquidity suggests the market may be stabilizing rather than preparing for a full-fledged recovery, per an analyst. The world’s largest crypto exchange currently holds approximately $41.2 …