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Bitcoin nears $66K but buying power fades as stablecoins exit exchanges for 35 days.

Technical Signals
21 Jul 2026
Dailycoin
View Source
Neutral
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Bitcoin is trading near $66,300, showing price stability despite a decline in market buying power. On-chain data reveals stablecoins have been leaving crypto exchanges for 35 consecutive days, reducing liquidity needed to support Bitcoin demand. Additionally, Bitcoin accumulation is weak, with limited coins moving to long-term storage, signaling cautious investor behavior. Without renewed stablecoin inflows and stronger accumulation, Bitcoin's rally may lack momentum going forward.

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