Bitcoin (BTC) and USD Coin (USDC) led broad outflows across major crypto assets over the past 24 hours, underscoring a defensive tilt in positioning even as pockets of demand emerged in Tether (USDT), Wrapped Bitcoin (WBTC), and Hyperliquid (HYPE). The split flow suggests traders are rotating liquidity rather than exiting the market entirely, with stablecoin preferences and on-chain access routes playing an outsized role in day-to-day moves.
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