Bitcoin’s [BTC] exchange inflow and outflow are signaling…
— Highlighted, 18 months, Last 24 hours, Rampant exchange inflows, Daunting moment, 200 btc, Recover soon, Sec chairman told financial times, Inflow, Crypto market — 1 min read
Bitcoin's fall in price on 28 June can be considered quite significant for the king coin. It has effectively ripped out all the bullish surges from the past week and has reduced BTC back to the 3AC crash valuations. At the time of writing, BTC was hovering around $20,000 yet again, which is beginning to seem like a familiar situation for investors. Exchange Outflow Volume (7d MA) just reached a 19-month low of $30,517,649.52. This has also become a cause of worry among investors with exchange inventories stacking up. Gary Gensler, the SEC Chairman said there is a need for “one rule book” for crypto regulations. Now, only time will reveal if broader market condition can recover soon Source