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Bitcoin ETFs Crucial To Sustain Current Buying Pressure – Details
- Stablecoins provide insufficient liquidity to sustain the current buying pressure on Bitcoin.
- Crypto exchanges hold only 21% of the total stablecoin market, hindering potential price gains.
- Spot Bitcoin ETFs and Coinbase USD reserves are crucial for providing market liquidity.
- Maintaining the momentum of Bitcoin ETFs is important to avoid a decrease in buying pressure.
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