Startups
impact 16
Bitcoin enters disbelief phase as USDC exchange reserves push above $7.5B
Bitcoin enters disbelief phase as USDC exchange reserves push above $7.5B A negative Bitcoin funding rate and $7.5 billion in USDC reserves suggest traders may start positioning against the bearish trend. Will BTC price…
Why it matters
Not an isolated event—bitcoin has been trending in this direction. The usdc connection makes it particularly relevant.