November 22, 2024
Bitcoin (BTC) Price May Turn Lower as Crypto Exchanges See B of Tether (USDT) Withdrawal
 #CriptoNews

Bitcoin (BTC) Price May Turn Lower as Crypto Exchanges See $1B of Tether (USDT) Withdrawal #CriptoNews

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“In recent cases where withdrawals exceeded $1 billion, bitcoin began a downtrend soon after, suggesting investors may be adopting a risk-off stance, moving funds to safer environments like cold wallets in anticipation of market volatility,” IntoTheBlock analysts said.