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Market Cap:
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Cryptocurrencies: 6897
Bitcoin Bitcoin Share: 49.84%
Markets: 68427
CryptoGlobe
2023-12-13 23:25:00

BTC Bull Run Incoming? Bitcoin Supply on Exchanges Hits Six-Year Low

BTC Bull Run Incoming? Bitcoin Supply on Exchanges Hits Six-Year Low

Over the past week, the total supply of Bitcoin (BTC) held on centralized cryptocurrency exchanges dropped to a six-year low, according to CryptoQuant data, with exchanges having net outflows for 45 months in a row now. According to a recent Bitfinex Alpha report, Bitcoin’s dropping supply on exchanges is viewed as a bullish sign as

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