BTCUSDT price trends down as USDT+USDC marketcap shrinks further
There is a relation between BTC price levels and USDT + USDC combined marketcaps, i.e. the total quantity of the two largest stablecoins.
Since the latter have been shrinking recently we expect a fall in BTCUSDT price to around 19k during the first week of August.
Thank you!
Since the latter have been shrinking recently we expect a fall in BTCUSDT price to around 19k during the first week of August.
Thank you!
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