Bitcoin (BTC) $84,098.53 -2.56%
Ethereum (ETH) $2,675.72 -2.79%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 114.746194 -2.86%
Chainlink (LINK) $12.24 -5.56%
Cardano (ADA) $0.24 -6.28%
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24h Vol: $123,559,568,248

CoinGape

2021-02-03 13:45:45

Crypto Exchanges See Massive Stablecoin Inflow Hours Before MicroStrategy Conference

Crypto Exchanges See Massive Stablecoin Inflow Hours Before MicroStrategy Conference

Crypto exchanges saw a massive inflow of over $550 million in stablecoins this morning as the price of bitcoin looks bullish having broken above $36,000 yesterday. The massive flow of stablecoins suggests that the market is gearing up to make more purchases thus a bullish sign. $552M stablecoins(mostly $USDT) just flowed into all exchanges, renewed The post Crypto Exchanges See Massive Stablecoin Inflow Hours Before MicroStrategy Conference appeared first on Coingape.

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