Bitcoin shows strong negative link to USDT activity, study finds

Glassnode reports a ‘strong negative correlation' between Bitcoin BTC BTC - $91145.216 price and net flows of USDT to exchanges over the past two years.

Source: cryptopolitan.com

Related symbols: BTCUSD

2025-11-27 10:13:05 GMT.

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Price & Market Data

Price: $91145.216

Volume 24h: $60,848,582,273.01

Market Cap: $1,818,800,508,155.70

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,954,790. The last known price of Bitcoin is 91,569.07808359 USD and is down -0.10 over the last 24 hours. It is currently trading on 12488 active market(s) with $49,971,116,280.04 traded over the last 24 hours. More information can be found at https://bitcoin.org/.