Bitcoin Tests $94,000 Support as Binance Stablecoin Reserves Hit $9 Billion
Key Insights: Binance witnessed a massive influx of stablecoin reserves as Bitcoin (BTC) price searched for a floor near $94,000, creating conditions that historically preceded bullish reversals. CryptoQuant data from November 17 revealed that the 30-day change in ERC-20 stablecoin reserves on the exchange surged to $9 billion. While not a new all-time high, the [...]The post Bitcoin Tests $94,000 Support as Binance Stablecoin Reserves Hit $9 Billion appeared first on The Coin Republic.