ETFs

Bitcoin faces liquidity squeeze as stablecoin supply shrinks $14.2bn in a month, Glassnode data shows

Bitcoin is facing a liquidity squeeze as the supply of dollar-linked stablecoins contracted by $14.2 billion in 30 days — its sharpest fall since June 2022 — while apparent demand for the cryptocurrency dropped by 284,000 coins, according to Glassnode data published on 11 November.