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coinpedia 2024-09-04 12:24:19

Bitcoin Crashes to $56K While USDT Soars: Are Investors Playing Safe or Selling Off?

The post Bitcoin Crashes to $56K While USDT Soars: Are Investors Playing Safe or Selling Off? appeared first on Coinpedia Fintech News After the recent market drop, Bitcoin faced a sharp decline, with its price falling to $56,520, marking a 5.5% decrease over the past seven days. This downturn doesn’t necessarily point to strong selling pressure but rather suggests a sense of caution among traders. They might be converting to USDT to secure profits from market volatility …

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