Tag: Bitcoin exchange supply

As investors try to make sense of political turbulence, they have poured $1.8 billion worth of Bitcoin into Binance in less than two weeks.

Bitcoin reserves on cryptocurrency exchanges have plummeted to a new supply low, a development that could signal a bullish move for the digital asset as it eyes a return to the $60,000 mark. According to data from CryptoQuant, the amount of BTC held on major exchanges has dropped by roughly 12.9% since the start of […]