The SSR measures the ratio between the provides of bitcoin and stablecoins. As stablecoins symbolize shopping for energy, a discount within the SSR implies that traders are sending stablecoins to exchanges, possible for the aim of shopping for bitcoin. Since Jan. 11, the SSR has elevated 32%. So whereas BTC’s worth has risen, traders don’t look like sending stablecoins to exchanges en masse so as to add to lengthy positions.
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The Bitcoin Circular Economy Summit just took place in El Salvador’s Bitcoin Beach, and what an event it was. The...
