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

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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.

Posted by Cointelegraph By Jordan Finneseth on May 26, 2021 @ https://cointelegraph.com/news/amid-rising-stablecoin-inflow-cautious-traders-fear-a-dead-cat-bounce

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