$USDC is holding its peg tightly at *$1.00069, -0.03%* on the day. The 15m chart shows it recovering from a brief dip to the 24h low of $1.00060 and now consolidating right at the MA60 $1.00069 and near the 24h high of $1.00098. Volume is heavy at 1.26B for both USDC and USDT, typical for stablecoin pairs, but price action is extremely tight with only a 0.00038 range on the day.
As expected with stables, the focus isn’t direction but peg stability. A hold above $1.00065 keeps USDC neutral to slightly premium, while any move below $1.00060 would signal temporary depeg pressure.
#BitcoinFallsOver50%FromOctoberHigh #USDC
As expected with stables, the focus isn’t direction but peg stability. A hold above $1.00065 keeps USDC neutral to slightly premium, while any move below $1.00060 would signal temporary depeg pressure.
#BitcoinFallsOver50%FromOctoberHigh #USDC