USDT Outflows Accelerate as Bitcoin Recovery Struggles

TLDR: USDT market cap fell nearly $4 billion over 60 days, among the sharpest drops on record. Almost $870 million left USDT supply in just 11 days, showing accelerating redemptions. Stablecoin contractions have historically aligned with weaker Bitcoin demand and deeper corrections. Past deep USDT contractions often preceded selling exhaustion rather than further declines.   [...]

The post USDT Outflows Accelerate as Bitcoin Recovery Struggles appeared first on Blockonomi.