According to recent on-chain activity, Bitcoin may rebound from its recent lows. Stablecoin issuers, including Tether and Circle, have deployed $1.25 billion in USDT and USDC into the market, indicating increased demand for stablecoins. This could suggest that market participants are preparing to buy the dip, potentially leading to a price rebound. However, it is also possible that investors are liquidating their crypto holdings for stablecoins. Bitcoin miners have been selling off their holdings, which could indicate a cautious atmosphere in the market. The next few days will reveal whether investors are taking a bullish or bearish approach. The current price of Bitcoin is $95,697.



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