CoinGape
2024-03-20 10:22:08

Bitcoin (BTC) Supply On Exchanges Slips To 4-Year Low, Impact On Price

Bitcoin’s (BTC) inflow in the last two quarters has triggered massive bullish sentiment in the market spurring increased activity around the leading cryptocurrency. New on-chain data from cryptocurrency analytics firm CryptoQuant shows Bitcoin supply on exchanges plummeting in the last four years. Since 2020, the amount of BTC held by users has plunged almost 40% The post Bitcoin (BTC) Supply On Exchanges Slips To 4-Year Low, Impact On Price appeared first on CoinGape .

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