crypto

The withdrawal of 1.7 billion dollars of Bitcoin from exchanges: a sign of the continuation of the upward trend?

 In the past week, more than 28,000 Bitcoins (BTC) worth $1.7 billion have left cryptocurrency exchanges.  This is the biggest withdrawal in 2024 and could be a sign of a change in investors' strategy and their confidence in the future of Bitcoin.  A decrease in Bitcoin inventory in exchanges may lead to a shortage of supply and an increase in price.  After a sharp fall from $64,000 to $48,000 on Monday, Bitcoin price has shown good resistance and is back above $62,000.  These large movements of digital currencies from exchanges usually indicate a change in the outlook of investors and their confidence in the long-term prospects of Bitcoin.📈📈

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