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Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point

On-chain data from Glassnode shows market participants averting risk and seeking shelter in stablecoins and BTC as the crypto market nears a decisive move.

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Archive context

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

Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point

On-chain data from Glassnode shows market participants averting risk and seeking shelter in stablecoins and BTC as the crypto market nears a decisive move.

Why this matters

This cryptocurrency 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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