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Bitcoin Exchange Outflow Hits 1-Month High, BTC Price Pump Incoming?

source-logo  coingape.com 10 June 2023 15:25, UTC
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Crypto News: The regulatory crackdown on cryptocurrencies by the US Securities and Exchange Commission (SEC) has sent shockwaves through the broader crypto market, leading to a significant downturn. Major cryptocurrencies, including Polygon’s MATIC, Cardano (ADA), and Solana (SOL), experienced double-digit losses overnight, while Bitcoin’s decline was relatively modest compared to its altcoin counterparts.

coingape.com