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Bitcoin Exchange Supply Ratio At 6-month Low, What Does It Mean for Bitcoin Price?

source-logo  coingape.com 05 July 2021 13:43, UTC

Bitcoin price consolidation under $35k entered a new week after failing to hold onto its gains above $35K yesterday. The top cryptocurrency recorded a daily high of $35,939 before retracing to sub-$34k levels again. The price of the top cryptocurrency has moved in the range of $30k-$40k since the market mayhem in May that saw nearly half of the crypto market valuation get wiped off.

coingape.com