Home News Bitcoin’s surge above $70k sparked exchange inflows

Bitcoin’s surge above $70k sparked exchange inflows

by Jaron Sanford

Bitcoin’s surge above $70k sparked exchange inflows

Bitcoin's surge above $70k sparked change inflows

Bitcoin’s surge above $70k sparked change inflows Bitcoin’s surge above $70k sparked change inflows

Bitcoin’s surge above $70k sparked change inflows

with insights from Glassnode

Bitcoin's sign surge drove every high put taking a behold for and selling volumes on exchanges, reflecting a market split between profit-taking and bullish accumulation.

Bitcoin’s surge above $70k sparked change inflows

Duvet art/illustration by CryptoSlate. List involves mixed explain material that would possibly presumably presumably moreover encompass AI-generated explain material.

Bitcoin's sign dipped below $60,000 in early May per chance per chance well, triggering market-extensive volatility. But, by mid-May per chance per chance well, BTC had rebounded to round $66,000, fueled chiefly by put market activity. On May per chance per chance well 20, a dramatic sign spike pushed Bitcoin previous $70,000, stirring optimism and causing a well-known uptick in change inflows. Switch volumes fluctuated wildly, reflecting the community's shopping and selling frenzy. However what actions did the biggest Bitcoin holders rob for the length of this turbulent interval? As colossal merchants moved strategically, they...

Source credit : cryptoslate.com

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