Bitcoin Sell Pressure Hits Exhaustion Point Amid $4B USDT Market Cap Drop
A recent market drop of $4 billion in USDT (Tether) has led CryptoQuant to suggest that Bitcoin sell pressure is nearing exhaustion.
The analysis, based on data from CryptoQuant, indicates that the current level of selling activity may be reaching its peak.
This comes after a significant market downturn, which saw the price of USDT decline by $4 billion in market capitalization.