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Bitcoin shows ‘strong negative correlation’ with USDt activity: Glassnode

A recent analysis shed light on a correlation between the world’s largest cryptocurrency and stablecoin by market capitalization.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin shows ‘strong negative correlation’ with USDt activity: Glassnode

A recent analysis shed light on a correlation between the world’s largest cryptocurrency and stablecoin by market capitalization.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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