EconomyBitcoin faces $70,000 test as $14.2 billion stablecoin contraction signals weak demand
Bitcoin is facing a new liquidity squeeze, with growing losses among recent buyers threatening its recovery. Stablecoin supply shrank by $14.2 billion over the past month, its steepest drop since June 2022, while apparent Bitcoin demand fell by 284,000 BTC, nearing levels last seen during the March 2025 market turmoil.
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CryptoSlate★★☆☆☆2026-11-11 22:50Original
Bitcoin faces $70,000 test as $14.2 billion stablecoin contraction signals weak demand
Economy