Bitcoin Monthly Outflows Reach Historically High Value
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On-chain data shows the Bitcoin monthly outflows have recently reached values only seen a few times before in the crypto’s entire history. Bitcoin Exchange Outflows Now Have A Value Of 96.2k BTC Per…
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A new trend is taking shape across the crypto market with investors pulling large amounts of Bitcoin and Ethereum from centralized exchanges. Data from on-chain analytics platform Sentora, formerly known as IntoTheBlock, shows that exchange balances for both leading cryptocurrencies have dropped notably over the past week. Prices are holding…
BTC’s price is down by nearly 10% on a weekly scale and this is perhaps no surprise given the substantial outflows seen from the spot Bitcoin ETFs in the States. ETH is in an even worse state weekly, while the spot Ethereum ETFs continue to struggle to capture investors’ interest.…
Bitcoin and Ethereum had led the market in the recent price decline. It has led to a lot of profit-taking on the part of investors that want to avoid incurring more losses in the long term.... [[ This is a content summary only. Visit my website for full links, other…