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USDT Exchange Inflows Reach 5-Month Low, Is Market Gearing Up for Another Dip?

source-logo  coingape.com 12 June 2021 15:58, UTC

The crypto market is currently in a consolidation phase as bearish sentiments are dominant ever since last month’s market correction. Over the past 24-hours, the crypto market has lost 4% of its market cap which dipped below $1.5 trillion for a brief period. Key on-chain metrics and market indicators suggest the crypto market is going through a cool-off phase as trading slowed down.

coingape.com