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Bitcoin (BTCUSD) Tumbles as Whale Selling and High Stablecoin Reserves Pressure Prices

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin faces continued selling pressure from whales, pushing prices lower to seven-month lows.
  • High exchange inflows and record stablecoin reserves suggest traders are rotating into stable assets, with experts warning of further downside before any potential rebound.
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BTCUSD price history

76763.71 +13.80% over the displayed period

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