This Bitcoin Correction Is Different From March 2024—Here’s Why

An analyst has explained how this Bitcoin correction phase may be different from the 2024 one, based on the data of this on-chain metric. Stablecoin Supply Is Displaying A Different Pattern In This Bitcoin Downturn In a CryptoQuant Quicktake post, an analyst has shared about how the latest trend in the stablecoin circulating supply has been looking. “Stablecoins” are cryptocurrencies that track the price of a fiat currency, with USD being by far the most popular choice. These tokens run on multiple networks, but in the context of the current topic, only the Ethereum-based ones are of interest source: https://www.newsbtc.com/bitcoin-news/bitcoin-correction-different-march-2024-why/