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via CoinDesk · By CoinDesk Staff

Bitcoin's slide to $67,000 is accelerating a shift into digital dollars

BTC

BTC/USDT

$79,978.01

+0.46%

$79,978.01

+0.46%

(24s)

24h Volume

$6,379,440,940.15

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

-0.0004%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$80,032.26

▲ 0.47%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$82,300.00

Price$80,032.26

Support 1$79,635.96

Support 2$76,187.99

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):67.2

CoinDesk Staff

(02:44 AM UTC)

1 min read

Reviewed bySarah Chen

0 comments

The crypto market is seeing a capital flight into dollar-linked stablecoins even as stocks and the Dollar Index remain calm.

A week ago, CoinDesk informed readers of the renewed rotation of funds into dollar equivalents such as tether USDT$0.9987 and USD Coin (USDC) stablecoins as bitcoin BTC$66,616.81 pulled back from the early May highs above $80,000. That combination was an early warning sign…

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Source

CoinDesk Staff · CoinDesk

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