Bitcoin shows ‘strong negative correlation’ with USDt activity: Glassnode

HolyFox
HolyFox
0 Min Read

Bitcoin shows ‘strong negative correlation’ with USDt activity: Glassnode

A recent analysis shed light on another correlation between the world’s largest cryptocurrency and stablecoin by market capitalization.

 

You Might Also Like

IMF lays out guidelines for addressing stablecoin risks, beyond regulations

XRP sentiment plummets, which could set token up for rally: Santiment

Taurus adds staking backbone to its custody system via Everstake integration

Binance adds BlackRock’s BUIDL as off-exchange collateral for institutional traders

How high can Dash price go if it copies Zcash in November?

Share This Article
Previous Article Conor McGregor calls out Khabib over NFTs, gets shut down by ZachXBT
Next Article Tokenized money market funds surge to $9B, BIS warns of new risks
Leave a Comment

Connected with FOX

- Advertisement -

Latest News

2,000 Bitcoin on the move: Rare Casascius coins awaken after 13 years
Strive calls on MSCI to rethink its ‘unworkable’ Bitcoin blacklist
3 Binance Bitcoin charts point to the direction of BTC’s next big move
Strategy raised $1.44B to dispel ‘FUD’ amid a Bitcoin down cycle: CEO