Binance stablecoin outflows soar – Why this affects Bitcoin

Quick Summary:

Analysts downplayed the recent BTC decline as a typical January pullback during the post-halving year.

This week’s risk-off sentiment has unnerved some crypto investors, forcing most to lock-in profit or opt-out altogether to preserve capital.

Benjamin is a Telecommunication Engineering graduate who is passionate about crypto-markets and unraveling market trends.

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Article Details

Author / Journalist: Benjamin Njiri

Category: Crypto

Markets: United States

Topics: Trading View Ambcrypto Bitcoin News 1 Binance Social BTC Trading View Altcoin Stablecoins News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 13:00:37 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 24998987

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 13 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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