Markets love to celebrate the first sign of stability. The data, however, isn't always as enthusiastic. While Bitcoin continues trading in the low $60,000 range this June, Binance's USDT liquidity suggests the market may be stabilizing rather than preparing for a full-fledged recovery, per an analyst. The world's largest crypto exchange currently holds approximately $41.

Binance USDT Liquidity Signals Consolidation, Not Bitcoin Recovery Yet