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Bitcoin and Ethereum supply on exchanges hit historical lows

From invezz.com

The cryptocurrency market remains calm this weekend, Saturday witnessing fewer price movements. Digital coins recorded minor price moves over the past 24 hours, with Bitcoin and Ethereum fluctuating by 0.1% and 0.03% (respectively). However, market players are withdrawing their tokens from exchanges. The best updates indicated that cryptocurrency players are purchasing & withdrawing their cryptos, specifically Bitcoin and Ethereum, from crypto exchanges. That comes as the market exhibits bearish cues. Moreover, the Santiment chart indicated that Bitcoin’s current supply on exchange stands at 5.7%, representing the ... (full story)

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  • Category: Fundamental Analysis