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Record-Breaking $1.24 Billion USDC Inflow Hits Spot Exchanges – What This Means For Bitcoin

Bitcoinist LogoBitcoinist18h ago

Record-Breaking $1.24 Billion USDC Inflow Hits Spot Exchanges – What This Means For Bitcoin - Bitcoinist

Quick Summary:

Bitcoin has faced a rollercoaster of price action over the past few days, hitting an all-time high last Tuesday before succumbing to a sharp 15% correction.

The recent volatility has sparked a mix of uncertainty and opportunity among market participants.

The tug-of-war between bulls and bears is evident, but the stage appears set for notable price action in the coming days.

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Record-Breaking $1.24 Billion USDC Inflow Hits Spot Exchanges – What This Means For Bitcoin - Bitcoinist (Picture 1)Record-Breaking $1.24 Billion USDC Inflow Hits Spot Exchanges – What This Means For Bitcoin - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-22 @ 02:00:25 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 623 words

Reading Time: 4 minutes read

Sentences: 58 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 24578342

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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: #105

Publisher Details

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The story "Record-Breaking $1.24 Billion USDC Inflow Hits Spot Exchanges – What This Means For Bitcoin" has 623 words across 58 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Record-Breaking $1.24 Billion USDC Inflow Hits Spot Exchanges – What This Means For Bitcoin" was covered 18 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 12 news stories per day.

It's most recent story was published 9 hours ago.

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The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #24578342
  • URL: https://beamstart.com/news/record-breaking-124-billion-usdc-17348344567646

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