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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

$84,100.76

-0.42%

$84,100.76

-0.42%

(24s)

24h Volume

$15,031,774,044.40

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

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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