CryptoBearishCoinDesk · 13h ago6/10
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USDT's flashing a golden cross and that may be bad news for bitcoin
USDT's dominance rate has reached a golden cross technical pattern, a signal that typically precedes bearish momentum shifts in cryptocurrency markets. This development suggests caution for Bitcoin and the broader crypto ecosystem, as increased stablecoin dominance historically correlates with reduced risk appetite and potential price pullbacks.
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