Mr Arham

07/14 13:20

Bitcoin [BTC] continued to climb as stablecoin re

Bitcoin [BTC] continued to climb as stablecoin reserves on exchanges hit new lows, reflecting increased market conviction and spot-driven buying momentum. 

BTC was priced at $117,913 at press time, with support trailing near $111,591 based on Parabolic SAR. Meanwhile, the Exchange Stablecoins Ratio fell to its lowest level in months. 

This decline signals that available stablecoin liquidity is being deployed to acquire BTC, suggesting strong investor demand. 

Such depletion also indicates reduced buying power on exchanges, which could limit further upside if new capital fails to enter the market.

#Check In Daily, Win Prizes Daily — Join the Fun!#HTX 12th-Anniversary Carnival#BTC price hits a new high of $120,000! #Do you think Tanssi is promising? #Do you think NEWT is promising?

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