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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

$62,988.26

-0.07%

$62,988.26

-0.07%

(24s)

24h Volume

$2,186,038,828.29

24h H/L

$63,175.00 / $62,946.58

Change: $228.42 (0.36%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0033%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,987.62

▼ -0.16%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$62,987.62

Support 1$62,882.63

Support 2$61,354.99

Support 3$57,800.19

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):42.5

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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