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Over $1B USDT Flows Out of Exchanges, $BTC Faces Rising Resistance
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As of writing, $BTC has dropped below $58,473, down nearly 3.98% in the past 24 hours.
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The current overall crypto market cap is $2.09 trillion and $BTC 's market share is 54.48%.
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"With BTC still trading below its 20-day, 50-day, and 200-day moving averages, bears are eyeing a further decline with a target of $57,500. If this level is broken, we could see downward pressure below $55,000."
