glassnode, bitcoinsupply dominance has changed significantly over the past two years, and AsiaHe stated that there was an increase in .
bitcoin supplyin the balance of dominance over USA It was seen that ‘s lost power and Asia was on the rise. Crypto pressures in the US were effective in the dominance shift, which reversed the previous bull season.
glassnodeaccording to the data, USAOrganizations with, compared to June of the previous year 11 percentless BTC holding. However, Asia during trading hours 9.9 percentwith an increase BTCmade the purchase.
Bitcoin Domination Changes Hands
bitcoinexamining dominance data over the supply glassnode, USAthat he lost blood and AsiaIt turned out to be on the rise.
glassnodeLooking at the data, in the previous bull season, USAof BTC dominates supplyappears to have a significant share. 2020-21 bullBTC dominance after bans from Asia had shifted to the USA . The fury that started here had a strong bull season in Bitcoin. However, after 2 years, it seems that things have turned around and Asia is getting stronger in dominance again.
Moreover glassnode, USDCAnd BUSD announced its lowest level in years. On the USDT side, it was stated that it led the big change as the supply reached record levels.
stablecoin‘s, USAThe crypto sector was the most affected by the pressure. stablecoinprints made in USDT‘ to get out of the way and reach a market value of close to 100 billion dollars.
