Stablecoin supply drops $14.2 billion, biggest contraction since 2022
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🔻 $14.2 billion in $USDT and USDC was redeemed, the biggest stablecoin contraction since 2022.
💡 Bitcoin bounced 1.21% to $74,200 despite the sharp stablecoin outflow.
📉 The supply decline does not guarantee a crypto market bottom or rebound.
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