Amid rising stablecoin inflow, cautious traders fear a dead cat bounce

Amid rising stablecoin inflow, cautious traders fear a dead cat bounce

Strong hands accumulated Bitcoin throughout last week’s historic correction but BTC’s inability to reclaim the $40,000 level has some traders afraid of a dead cat bounce.

Strong hands accumulated Bitcoin throughout last week’s historic correction but BTC’s inability to reclaim the $40,000 level has some traders afraid of a dead cat bounce.

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