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Stablecoin Supply Dips as Bitcoin Faces ETF Outflows
Stablecoin supply decreased by $14.2 billion, the largest decline since the 2022 bear market, driven by USDT and USDC. Bitcoin ETF outflows reached $1.6 billion, and Bitcoin rose 1.21% to $74,200. Analysts noted that the outflow does not confirm a market bottom or rebound.