📉 $61B drop in stablecoin revenues — Is there danger for Bitcoin?

😕 USDT and USDC deposits fell from $131B to $70B/day, according to CryptoQuant.

💸 Fewer stablecoins on exchanges could mean less buying pressure for BTC.

🔍 Nevertheless, BTC remains above $100K, suggesting consolidation, not a fall.

Source: Crypto Scene Telegram