Bitcoin (BTC) Leaving Exchanges En Masse, What's Happening?

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Bitcoin (BTC) open interest and halving correlation uncovered

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Furthermore, Bitcoin's entry into the support zone of the Short-Term Holder Spent Output Profit Ratio supports the idea of a potential purchasing opportunity. Historically, this phase comes just before the price rises.At the time of writing, Bitcoin is trading at $63,000, up by a minimal 0.49% increase within the last 24 hours. The market cap also increased by 0.47% to $1.2 trillion, while trading volume decreased by 19% to $36.7 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin: 111,000 BTC Removed From Crypto Exchanges, What's Behind ItBalance of Bitcoin whales has likewise increased by 220,000 BTC this year
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin exchanges' BTC balances have dropped almost $10B in 2024Bitcoin exchange balances are 'down only' as $9.5 billion in BTC exits in 2024.
Source: Cointelegraph - 🏆 562. / 51 Read more »

673 BTC Bought by Bitcoin Whale as BTC Price Eyes ReboundBitcoin whale with accumulation of 4,451 BTC boosts holdings
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin Leaving Exchanges at Highest Rate in 15 Months as Halving ApproachesThe amount of BTC leaving centralized exchanges has risen to levels not seen for more than 15 months as the Bitcoin halving approaches. At the same time, the number of BTC that have not moved in over a year has declined significantly.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin & Bitcoin Cash Among Top Crypto Gainers as Crypto Prices Pump: What About Green Bitcoin?Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin Cash & Bitcoin SV Pumping as Bitcoin Minetrix Nears Exchange ListingCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »