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Bitcoin’s will-it-won’t-it rally fails again as global stocks remain mixed


Bitcoin’s will-it-won’t-it rally fails again as global stocks remain mixed

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AI Overview

Bitcoin trading near $77,911 (+0.67%) but rally failing to break higher; open interest $122.62B (-0.81%) and liquidations fell to $163.29M, signaling muted derivatives momentum. - USDC on Binance (CEX) jumped from ~$4.5B in March to $7.51B by Apr 21, showing increased stablecoin concentration on exchanges with implications for liquidity, DeFi flows and centralization risk. - Macro: gold down while USD and 10‑yr Treasury yields rise, creating a potential headwind for crypto risk-on adoption and price upside.

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  • Bitcoin is trading near $77,911, up 0.67%, but the rally is still failing to break cleanly higher.
  • Open interest is at $122.62B, down 0.81%, while liquidations fell to $163.29M.
  • USDC on Binance rose from about $4.5B in March to $7.51B by April 21.
  • Gold is down this week, while the dollar and 10-year Treasury yields are rising.
Read the article at CryptoPolitan

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In This News

Coins

$ 63.89K

+1.80%

$ 0.99969

0%

Funds

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

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