Analysis: As the price of BTC falls, the supply of USDC continues to decrease
Bitget2024/10/09 13:18
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Analyst Benson Su's latest article points out that typically, when BTC prices decline and USDC supply increases, it's seen as a bottom signal. However, this time, the USDC supply continues to decline even as BTC moves down.
“Not a good sign," added Benson Su.
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Bitcoin
BTC
$75,673.49
-0.26%
Ethereum
ETH
$2,232.03
-0.24%
Tether USDt
USDT
$0.9986
+0.00%
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BNB
$695.23
+0.17%
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$1.16
-1.58%
USDC
USDC
$0.9997
-0.00%
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$89.17
-1.00%
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+0.55%
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