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Stablecoin Drain, ETF Outflows Leave Bitcoin 'Running on Empty'

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Stablecoin Drain, ETF Outflows Leave Bitcoin 'Running on Empty'

Stablecoin supply fell $14.2 billion in 30 days, the fastest contraction since June 2022, amid weak ETF demand.

Key Takeaways

  1. Stablecoin supply fell $14.2 billion in 30 days, the fastest contraction since June 2022, amid weak ETF demand.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.