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Bitcoin Supply on Exchanges Falls as Bullish Pressure Mounts

Bitcoin Supply on Exchanges Falls as Bullish Pressure Mounts


CoinGape
2024-05-16 22:25:54

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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