price move
Circle redeems roughly $11.7 billion in USDC as supply slips to $70 billion
0Importance
closedStatus
1News media
- Published
Key claims & sources
Summary in preparation.
Market reaction i
USDC barely moved in the 4 hours after the first headline, after a flat 2 hours before.
$1.00
price at the headline
0.0%
2 h before
0.0%
4 h after
0.0%
12 h after
First headline
47 prices, one every 30 minutes
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
Crypto Briefing
scoop
Oct 31 23:34
Crypto Briefing
scoop
Breaks the event: $70B and $11.7B
Where this sits in the USDC series
| When | What happened | Figure |
|---|---|---|
| 7 days ago | USDC at $1.00 high | today it sits 0.0% from there |
| 10 days ago | USDC at $0.9987 low | today it sits +0.1% from there |
From what we have stored, starting 2 months ago.