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Market Cap:
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Cryptocurrencies: 6897
Bitcoin Bitcoin Share: 49.84%
Markets: 68427
CoinGape
2024-05-16 22:25:54

Bitcoin Supply on Exchanges Falls as Bullish Pressure Mounts

Bitcoin Supply on Exchanges Falls as Bullish Pressure Mounts

Bitcoin (BTC) supply on centralized exchanges (CEX) has dropped to new lows following bullish pressure in the market in the last 48 hours. New data from on-chain analytics firm Glassnode shows Bitcoin supply on exchanges at 1,728,782 BTC reaching new lows as sentiments swing upwards. The metric saw a 24-hour exit of 23,654 BTC while The post Bitcoin Supply on Exchanges Falls as Bullish Pressure Mounts appeared first on CoinGape .

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