Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

Bitcoin Price Struggles Amid Stablecoins Influence, Fiat USD, and Spot ETFs Performance

Bitcoin Price Struggles Amid Stablecoins Influence, Fiat USD, and Spot ETFs Performance


CoinOtag
2024-06-25 00:28:56

Bitcoin’s price fluctuations are currently influenced by multiple liquidity channels, prominently stablecoins, fiat USD, and spot ETFs. Stablecoin market cap has reached an all-time high, pointing towards extensive use in prior liquidity surges. Low fiat USD inflows and a negative Coinbase premium are contributing to Bitcoin’s lack of momentum. Discover the intricate factors influencing Bitcoin


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