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Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point

June 6, 2023 by DIGIT
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On-chain data from Glassnode shows market participants averting risk and seeking shelter in stablecoins and BTC as the crypto market nears a decisive move.

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Categories Bitcoin ethereum dominance
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  • bitcoinBitcoin(BTC)$94,352.00-2.72%
  • ethereumEthereum(ETH)$3,261.39-2.83%
  • tetherTether(USDT)$1.00-0.18%
  • rippleXRP(XRP)$2.15-4.13%
  • binancecoinBNB(BNB)$645.83-2.92%
  • solanaSolana(SOL)$178.45-2.24%
  • dogecoinDogecoin(DOGE)$0.309306-3.04%
  • usd-coinUSDC(USDC)$1.00-0.08%
  • staked-etherLido Staked Ether(STETH)$3,256.32-2.68%
  • cardanoCardano(ADA)$0.87-2.70%
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  • bitcoinBitcoin(BTC)$94,352.00-2.72%
  • ethereumEthereum(ETH)$3,261.39-2.83%
  • tetherTether(USDT)$1.00-0.18%
  • rippleXRP(XRP)$2.15-4.13%
  • binancecoinBNB(BNB)$645.83-2.92%
  • solanaSolana(SOL)$178.45-2.24%
  • dogecoinDogecoin(DOGE)$0.309306-3.04%
  • usd-coinUSDC(USDC)$1.00-0.08%
  • staked-etherLido Staked Ether(STETH)$3,256.32-2.68%
  • cardanoCardano(ADA)$0.87-2.70%