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Home Blockchain

Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift

by DigestWire member
May 17, 2024
in Blockchain, Crypto Market, Cryptocurrency
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Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift
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News Bytes - 6Bitcoin’s supply on exchanges has significantly decreased, reaching new lows amid a bullish market trend, which analysts interpret as a shift towards long-term holding rather than short-term trading. A report by Bybit claimed that the diminishing supply could deplete within the next nine months, driven by factors such as the recent Bitcoin halving event and […]

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