Impact of USDT Flows on Bitcoin Market Dynamics
12/12/2024 12:49:21 PM
According to IT Tech, USDT flows are playing a significant role in shaping the Bitcoin market. The movement of USDT into exchanges indicates increased buying power, potentially driving up Bitcoin prices, while outflows suggest a demand for stablecoins outside exchanges. These trends provide crucial insights into Bitcoin's price movements and market behavior. (Source)
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