$USDC $BTC When Bitcoin (BTC) experiences a significant decline, USDC – a stablecoin pegged to the USD – often becomes a safe haven for investors. In a volatile market context, many people convert BTC to USDC to preserve asset value and minimize risk. Thanks to its stability and transparency, USDC is trusted in short-term risk hedging strategies. However, the rush into USDC also reflects a sentiment of concern and may put further downward pressure on BTC prices in the short term.