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The Stablecoin Ghost of 2022 Is Back to Haunt the Bitcoin Price
Published Source: BeInCryptoRead original
The Bitcoin price keeps stalling, and one overlooked force helps explain it. The stablecoins that fund crypto buying are both shrinking and moving less, the same setup that preceded Bitcoin’s 2022 crash. Data from DeFiLlama and Dune shows the market’s cash pile draining just when buyers are needed most. On its own, that is a The post The Stablecoin Ghost of 2022 Is Back to Haunt the Bitcoin Price appeared first on BeInCrypto .