Stablecoin Outflows Signal Market Caution Amidst BTC Decline

Cryptocurrency समाचार

Stablecoin Outflows Signal Market Caution Amidst BTC Decline
Stablecoins,Bitcoin,Market Sentiment

Crypto markets are experiencing a risk-off sentiment, leading to stablecoin outflows and a decline in Bitcoin price. Analyst Dark Fost highlights the reversal of stablecoin flows on Binance, mirroring a similar trend observed before Bitcoin's summer slump in 2022. Persistent outflows indicate market caution, potentially fueled by hawkish FOMC minutes, news of the U.S. government selling seized Bitcoin, and the rising dominance of Tether (USDT).

This week’s risk-off sentiment has unnerved some crypto investors, forcing most to lock-in profit or opt-out altogether to preserve capital.

However, he warned that persistent outflows, as seen since mid-December, underscored market caution and could dent the“While a reduction in stablecoin inflows signals weakening a buying pressure, outright stablecoin outflows indicate a more significant market shift, with investors leaning toward caution.”, reinforcing the Fed’s slow rate cut path, which could stall risk-on assets.

 

इंडिया ताज़ा खबर, इंडिया मुख्य बातें



Render Time: 2025-01-10 10:20:47