Demand for the flagship cryptocurrency Bitcoin ($BTC) is currently “growing at an unprecedented pace,” at a time in which the supply of Bitcoin held on cryptocurrency exchanges has dwindled to record lows, suggesting a potential supply shock that could drive prices higher could soon occur. According to Julio Moreno, Head of Research at cryptocurrency analytics […]
Incoming Supply Shock? Bitcoin Demand ‘Growing at Unprecedented Pace’ as Supply of $BTC on Exchanges Plunges
April 10, 2024
Crypto Globe