Crypto Market Shows Signs of Strength Despite Recent Price Drops
• Stablecoin market cap rising for 2nd month, signals increased crypto liquidity (IntoTheBlock)
• Bitcoin saw $860M in net exchange inflows this week, largest in 9 months (IntoTheBlock)
• Whales accumulated 22,000 BTC as price dropped to $41K, signaling long-term belief (IntoTheBlock)
• Ethereum's fees remained high this week, impacting supply with over 35,000 ETH burned (IntoTheBlock)
• Bitcoin trading at $42,248, down 1.7% in 24 hrs; Ethereum at $2,251, down 1.8% (Prices at time of writing)