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Bitcoin Reserves in the U.S. Crypto Exchanges Have Fallen to 2017 Levels

Circle’s Native USDC Has Been Launched on the Arbitrum Network

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Today’s Cryptocurrency Headline

Circle has announced the integration of native USDC on the Arbitrum network, enabling developers and users to access it without the need for bridging. With Circle Account and Circle API, exchanges, fintech companies, institutional traders, and developers can now access Arbitrum USDC and take advantage of faster settlement times and lower costs provided by the Arbitrum network.

BingX’s Bitcoin Chart

Source: TradingView & BingX

After testing the resistance around $27,300, BTC faced downward pressure again, indicating a clear resistance zone. Short-term adjustments are likely to continue. On the 4-hour chart, BTC dipped below the $26,000 level yesterday but managed to stabilize above it throughout the day. Currently, the price has found support at the BOLL midline, showing signs of a U-shaped rebound. The upper resistance levels to watch are in the range of $27,000 to $27,500.


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