Binance’s Stablecoin Inflows Fuel Bitcoin Consolidation with Potential for Bullish Momentum

A surge in stablecoin inflows onto Binance is driving a bullish setup for Bitcoin as investors seek to capitalize on the potential expansion of the cryptocurrency market. According to on-chain data from CryptoQuant, substantial inflows of Tether and USD Coin are driving this trend, leading to reduced Bitcoin reserves on exchanges and increasing the appetite for altcoins. ]