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Unusual Bearish Signal Appears on Crypto Market: Here's What It Means

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ICYMI: this signal might be considered the primary indicator of a market decline, according to Bloomberg cryptomarket

But whenever the crypto market capitalization shrinks and the stablecoin supply rises or remains the same, it most likely suggests that the majority of players on the market moved their funds into stable solutions to avoid additional losses. The same trend is being observed now as the biggest stablecoin on the market, Tether, faced a $3 billion market capitalization increase in the last six days.

At press time, the total market capitalization of the cryptocurrency market remains at $1.7 trillion, with a $100 billionArman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience. Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.

Ripple Scores Another Win, Ethereum Staking Yields to Be Doubled, Cardano Tops in Adjusted Volume Transactions: Crypto News Digest by U.Today

 

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