Bitcoin Balance On Exchanges Shrinks – Supply Shock Ahead?
3 Articles
3 Articles
Bitcoin Supply Shrinks and Demand Stabilizes While Direction Remains Uncertain
After two months of net redemptions, the eleven U.S. spot‑bitcoin exchange‑traded funds (ETFs) absorbed about US $500 million in fresh capital during the week to 8 May. That flow helped lift BTC by 3.2 % to US $62,500, underscoring the mechanical impact of the ETF bid. Yet the figure merely offsets a fraction of the US $3.3 billion that fled the same vehicles during February’s 17 % draw‑down, so demand neutralises—rather than overwhelms—the bear…
Bitcoin Balance On Exchanges Shrinks – Supply Shock Ahead? – MAXBIT
Bitcoin is holding firm around the $104,000 mark after a sharp rally driven by days of sustained buying pressure and renewed market optimism. Bulls regained control when BTC reclaimed the $90,000 level in late April, reversing months of aggressive selling that had weighed on price action. The shift in sentiment has been clear, with bullish...
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage