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Krisztian  Sandor Krisztian  Sandor

Bitcoin (BTC) Price May Turn Lower as Crypto Exchanges See $1B of Tether (USDT) Withdrawal

“In recent cases where withdrawals exceeded $1 billion, bitcoin began a downtrend soon after, suggesting investors may be adopting a risk-off stance, moving funds to safer environments like cold wallets in anticipation of market volatility,” IntoTheBlock analysts said.

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Krisztian Sandor

https://www.coindesk.com/markets/2024/08/14/bitcoin-price-may-turn-lower-as-crypto-exchanges-see-1b-usdt-withdrawal-intotheblock/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-08-14 16:44:58

bitcoin
Bitcoin (BTC) $ 94,161.23 6.28%
ethereum
Ethereum (ETH) $ 1,793.17 10.18%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.26 7.58%
bnb
BNB (BNB) $ 615.56 1.65%
solana
Solana (SOL) $ 151.59 8.09%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.182708 11.29%
cardano
Cardano (ADA) $ 0.70188 10.42%
tron
TRON (TRX) $ 0.246667 0.60%
staked-ether
Lido Staked Ether (STETH) $ 1,793.11 10.28%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,113.22 6.33%
sui
Sui (SUI) $ 2.93 27.22%
avalanche-2
Avalanche (AVAX) $ 22.88 12.50%
chainlink
Chainlink (LINK) $ 14.78 10.79%
leo-token
LEO Token (LEO) $ 9.07 1.16%
stellar
Stellar (XLM) $ 0.269666 8.90%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 9.12%
hedera-hashgraph
Hedera (HBAR) $ 0.186053 7.03%
the-open-network
Toncoin (TON) $ 3.10 5.38%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,145.46 10.02%
usds
USDS (USDS) $ 1.00 0.02%
bitcoin-cash
Bitcoin Cash (BCH) $ 361.49 4.06%
litecoin
Litecoin (LTC) $ 84.50 5.83%
hyperliquid
Hyperliquid (HYPE) $ 18.85 3.19%
polkadot
Polkadot (DOT) $ 4.11 8.60%
bitget-token
Bitget Token (BGB) $ 4.62 3.95%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.24%
weth
WETH (WETH) $ 1,785.92 9.88%
ethena-usde
Ethena USDe (USDE) $ 0.999914 0.07%
pi-network
Pi Network (PI) $ 0.673425 6.53%
monero
Monero (XMR) $ 226.27 4.56%
whitebit
WhiteBIT Coin (WBT) $ 28.59 0.73%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,903.78 9.89%
pepe
Pepe (PEPE) $ 0.000009 11.26%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 94,296.26 6.44%
uniswap
Uniswap (UNI) $ 5.95 10.52%
aptos
Aptos (APT) $ 5.33 9.43%
dai
Dai (DAI) $ 1.00 0.01%
okb
OKB (OKB) $ 52.48 3.06%
near
NEAR Protocol (NEAR) $ 2.49 12.77%
ondo-finance
Ondo (ONDO) $ 0.94972 9.85%
gatechain-token
Gate (GT) $ 24.16 4.28%
bittensor
Bittensor (TAO) $ 334.34 1.95%
internet-computer
Internet Computer (ICP) $ 5.21 10.17%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.89 2.06%
ethereum-classic
Ethereum Classic (ETC) $ 16.93 7.86%
crypto-com-chain
Cronos (CRO) $ 0.093269 12.56%
susds
sUSDS (SUSDS) $ 1.05 0.02%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
bitcoin
Bitcoin (BTC) $ 94,161.23 6.28%
ethereum
Ethereum (ETH) $ 1,793.17 10.18%
tether
Tether (USDT) $ 1.00 0.02%
xrp
XRP (XRP) $ 2.26 7.58%
bnb
BNB (BNB) $ 615.56 1.65%
solana
Solana (SOL) $ 151.59 8.09%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.182708 11.29%
cardano
Cardano (ADA) $ 0.70188 10.42%
tron
TRON (TRX) $ 0.246667 0.60%
staked-ether
Lido Staked Ether (STETH) $ 1,793.11 10.28%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,113.22 6.33%
sui
Sui (SUI) $ 2.93 27.22%
avalanche-2
Avalanche (AVAX) $ 22.88 12.50%
chainlink
Chainlink (LINK) $ 14.78 10.79%
leo-token
LEO Token (LEO) $ 9.07 1.16%
stellar
Stellar (XLM) $ 0.269666 8.90%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 9.12%
hedera-hashgraph
Hedera (HBAR) $ 0.186053 7.03%
the-open-network
Toncoin (TON) $ 3.10 5.38%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,145.46 10.02%
usds
USDS (USDS) $ 1.00 0.02%
bitcoin-cash
Bitcoin Cash (BCH) $ 361.49 4.06%
litecoin
Litecoin (LTC) $ 84.50 5.83%
hyperliquid
Hyperliquid (HYPE) $ 18.85 3.19%
polkadot
Polkadot (DOT) $ 4.11 8.60%
bitget-token
Bitget Token (BGB) $ 4.62 3.95%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.24%
weth
WETH (WETH) $ 1,785.92 9.88%
ethena-usde
Ethena USDe (USDE) $ 0.999914 0.07%
pi-network
Pi Network (PI) $ 0.673425 6.53%
monero
Monero (XMR) $ 226.27 4.56%
whitebit
WhiteBIT Coin (WBT) $ 28.59 0.73%
wrapped-eeth
Wrapped eETH (WEETH) $ 1,903.78 9.89%
pepe
Pepe (PEPE) $ 0.000009 11.26%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 94,296.26 6.44%
uniswap
Uniswap (UNI) $ 5.95 10.52%
aptos
Aptos (APT) $ 5.33 9.43%
dai
Dai (DAI) $ 1.00 0.01%
okb
OKB (OKB) $ 52.48 3.06%
near
NEAR Protocol (NEAR) $ 2.49 12.77%
ondo-finance
Ondo (ONDO) $ 0.94972 9.85%
gatechain-token
Gate (GT) $ 24.16 4.28%
bittensor
Bittensor (TAO) $ 334.34 1.95%
internet-computer
Internet Computer (ICP) $ 5.21 10.17%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.89 2.06%
ethereum-classic
Ethereum Classic (ETC) $ 16.93 7.86%
crypto-com-chain
Cronos (CRO) $ 0.093269 12.56%
susds
sUSDS (SUSDS) $ 1.05 0.02%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%