Bitcoin holds steady at $77,911 with USDC up to $7.5B

Bitcoin has been trading sideways around $77,911, showing only a modest 0.67% 24‑hour gain and failing to stage a decisive breakout. Futures market activity has eased: total open interest fell to $122.62 billion (a 0.81% drop) and liquidations declined to $163.29 million, signaling reduced short‑term trader engagement. Meanwhile, stablecoin flows are notable — USDC balances on Binance jumped from roughly $4.5 billion in March to $7.51 billion by April 21, suggesting investors are parking capital in stablecoins as a hedge. Broader macro moves — sliding gold, a firmer dollar (DXY) and higher US 10‑year yields — are contributing to a cautious market tone. The combination of muted BTC momentum, lower futures risk-taking and rising stablecoin allocations points to a neutral-to-cautious market environment where a fresh macro or regulatory catalyst will likely be needed to trigger the next major move.