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Bitcoin Holds Near $64K as $2.3B in Stablecoins Exit Exchanges

COINOTAG·July 20, 2026·1 min read
Bitcoin Holds Near $64K as $2.3B in Stablecoins Exit Exchanges

Bitcoin held near $64K as roughly $2.3 billion in stablecoins drained from Binance and Bybit over the past 30 days. On-chain flow analysis marks this as the clearest near-term headwind for Bitcoin, indicating potential selling pressure or reduced buying power on exchanges.

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