Bitcoin faces $70,000 test as $14.2 billion stablecoin contraction exposes demand weakness

Bitcoin is facing a fresh liquidity squeeze as mounting losses among recent buyers threaten to derail its recovery. Stablecoin supply has contracted by $14.2 billion over the past month, its sharpest decline since June 2022, while Bitcoin's apparent demand has fallen by 284,000 B

Read the full story at CryptoSlate

Shared from the GodsView world desk: live wires next to a globe of flights, ships, fires, and quakes.