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BTC $60,847.12 -2.16%
ETH $1,566.67 -5.29%
BNB $576.89 -1.13%
XRP $1.08 -3.24%
SOL $62.65 -4.48%
TRX $0.3207 -1.18%
DOGE $0.0808 -2.81%
ADA $0.1561 -3.99%
BCH $225.00 +0.59%
LINK $7.35 -2.14%
HYPE $59.70 -2.76%
AAVE $61.34 -9.48%
SUI $0.7007 +0.07%
XLM $0.1965 +3.94%
ZEC $383.20 +27.73%

Matrixport: Although there has been a rebound in recent days, it is still in a range where stablecoin growth has nearly stagnated and trading volume is relatively low

2024-07-17 16:12:18
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ChainCatcher message, Matrixport released today's icon showing that Bitcoin has recently been in a period of turbulence and challenges. Although there has been a rebound in recent days, it remains in a range where stablecoin growth is almost stagnant and trading volume is relatively low.

In the long term, if a significant rebound occurs afterward, this consolidation may be bullish.

Recent factors triggering the rebound include developments in U.S. politics and the potential launch of Ethereum spot ETFs.

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