Bitcoin, Ethereum See $59 Million Outflows as Traders Rotate to Stablecoins

Bitcoin and Ethereum saw $59 million in outflows as traders rotated into stablecoins like Tether. Data from Cryptometer showed fiat and cash-like inflows of $10.53 million in USD, $3.56 million in Brazilian real, and $1.03 million in euros over five hours. The shift indicates a defensive 'wait-and-see' stance across the crypto market.