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Market Cap:
24h Vol:
Cryptocurrencies: 6897
Bitcoin Bitcoin Share: 49.84%
Markets: 68427
CoinGape
2024-06-25 00:05:22

Bitcoin Price Influenced by 3 Liquidity Factors, Here’s All

Bitcoin Price Influenced by 3 Liquidity Factors, Here’s All

According to the Founder & CEO of CryptoQuant, Ki Young Ju, Bitcoin’s price is currently shaped by three key buy-side liquidity channels: fiat currencies, stablecoins, and spot-based ETFs. These factors are affecting the market trend and impacting the cryptocurrency price up to June. Stablecoins as a Liquidity Channel Current statistics show that the stablecoin market The post Bitcoin Price Influenced by 3 Liquidity Factors, Here’s All appeared first on CoinGape .

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