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Coinbase and Binance Reveal Bitcoin Inflows at Historic Lows: Here’s Why It Matters


Chayanika Deka
для CryptoPotato
Coinbase and Binance Reveal Bitcoin Inflows at Historic Lows: Here’s Why It Matters

Markets experienced choppy trading in the past week. Bitcoin, for one, surged from $111K on August 21st to over $117K on August 23rd, driven by the Jackson Hole bounce, before declining to $111.36K as of press time.

A CryptoQuant metric now suggests that investors are increasingly holding rather than selling, which could potentially create conditions favorable for sustained price appreciation.

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Bitcoin’s Bull Score Flashes Red: What On-Chain Data Means for BTC’s Future

Bitcoin’s Bull Score Flashes Red: What On-Chain Data Means for BTC’s Future

Bitcoin’s Bull Score has plunged to 20, a level historically linked to bearish phases...
Is Bitcoin About to Drain the Life Out of Altcoins? Analyst Thinks So

Is Bitcoin About to Drain the Life Out of Altcoins? Analyst Thinks So

Bitcoin dominance rebounds to 58.05% with signs of rising into Q3, raising concerns o...

Coinbase and Binance Reveal Bitcoin Inflows at Historic Lows: Here’s Why It Matters


Chayanika Deka
для CryptoPotato
Coinbase and Binance Reveal Bitcoin Inflows at Historic Lows: Here’s Why It Matters

Markets experienced choppy trading in the past week. Bitcoin, for one, surged from $111K on August 21st to over $117K on August 23rd, driven by the Jackson Hole bounce, before declining to $111.36K as of press time.

A CryptoQuant metric now suggests that investors are increasingly holding rather than selling, which could potentially create conditions favorable for sustained price appreciation.

Читать материал на CryptoPotato

Читать больше

Bitcoin’s Bull Score Flashes Red: What On-Chain Data Means for BTC’s Future

Bitcoin’s Bull Score Flashes Red: What On-Chain Data Means for BTC’s Future

Bitcoin’s Bull Score has plunged to 20, a level historically linked to bearish phases...
Is Bitcoin About to Drain the Life Out of Altcoins? Analyst Thinks So

Is Bitcoin About to Drain the Life Out of Altcoins? Analyst Thinks So

Bitcoin dominance rebounds to 58.05% with signs of rising into Q3, raising concerns o...