$14.2B stablecoin drain and Bitcoin ETF outflows spark market-wide crypto rout
Crypto markets sold off broadly as $14.2 billion in stablecoin supply contracted, signaling liquidity leaving the system. Bitcoin ETF outflows and mass liquidations compounded the move, turning an already weak morning into a market-wide rout. Traders should watch stablecoin supply and ETF flows as leading indicators of whether the drawdown deepens or stabilizes.
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1H AGOYou’re reading this$14.2B stablecoin drain and Bitcoin ETF outflows spark market-wide crypto routCryptoNews · Score 78
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11 NOV · 22:50CryptoSlate · Score 65 · via $14.2B, $14.2B stablecoin