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Bitcoin dominance nears 60% as traders shift to a risk-on stance
USDT has slipped to 6.3%, indicating less demand for the dollar-linked stablecoin compared with bitcoin.
CoinDesk reports that bitcoin dominance is closing in on the 60% level.
The outlet links the move to a more risk-on posture among crypto traders, with USDT’s share sliding to 6.3%.
Latest closeBitcoin $86,394.17 ▲1.8%
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