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Bitcoin’s (CRYPTO: BTC) struggle to surpass its all-time highs is attributed to a slowdown in stablecoin minting following the halving event, according to cryptocurrency research firm 10x Research. What Happened: In its latest report shared Sunday, 10x Research highlighted that the Bitcoin halving event that occurred on April 20 led to a notable slowdown in the minting of stablecoins. Furthermore, wallets holding more than $10 million in stablecoins have seen a decline. This trend is currently impeding Bitcoin’s progress. Typically, a spike in stablecoin holdings indicates strong buying pressu…

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