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Bitcoin Price Today: Exchange Supply Hits Low At 1.7M BTC Ahead ETF Second Wave

source-logo  coingape.com 20 May 2024 15:10, UTC

The Bitcoin (BTC) exchange reserve has reached an all-time low, plunging to nearly 1.70 million BTC. This significant decrease has sparked discussions about the potential for a price rally. The surge is expected to be driven by a combination of demand shock and inelastic supply dynamics.