Stablecoin Outflows Hit $2.3B in 30 Days, Limiting Bitcoin Breakout Support

BTC1.21%
According to CryptoQuant analyst Darkfost, Binance and Bybit stablecoin reserves saw net outflows of nearly $2.3 billion over the past 30 days, signaling liquidity contraction across the crypto market. Bitcoin has oscillated around the $60,000 support level for approximately 165 days without sustaining a breakout, with weak new demand flowing into both Bitcoin and the broader market further constraining the capital needed for a price recovery.
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