The amount of bitcoin held on exchanges has declined to a six-month low as the price of bitcoin has seen a 47% decline since its previous all-time high. Bitcoin held on exchanges has seen a continuous decline over the past couple of weeks. The supply held on exchanges has been declining since Mid-May. The current supply on exchanges based on the percentage of the total supply saw a new six-month low being hit. Low supplies of BTC on exchanges is bullish On-chain analysis company Santiment Source link
Read More »Bitcoin Supply on Exchanges Hits Six-Month Low
