Odaily Planet Daily News In June, USDT supply growth dropped significantly, reflecting reduced liquidity in the crypto market. A report from cryptocurrency custodian Copper shows that Tether (USDT) supply increased by less than 1.5% month-on-month as of June 24, significantly lower than the increase of more than 5% in April and May. Fadi Aboualfa, head of research at Copper, said: “This suggests that liquidity flowing into the crypto market is reducing as Bitcoin and Ethereum face downward pressure, while altcoins remain far behind, with little hope of any significant rebound in the short term.” USDT trading volume dropped from an all-time high of $767.2 billion on March 11 to $53.5 billion on June 24. As USDT reaches a market capitalization of $113 billion, the slowdown in supply growth points to less money flowing into the crypto market. Additionally, the Bitcoin market has seen a significant increase in daily outflows recently, with more than $540 million flowing out last week. Bitcoin prices have fallen more than 10% over the past 30 days, falling from $68,000 to $62,000. (Cointelegraph)