Markets· ★★★· bearish·

Bitcoin Leaves Exchanges, but Macro Pressure and Falling Network Activity Weigh on Price

  • —Bitcoin reserves on exchanges keep declining
  • —Oil and equity markets are pressuring BTC price
  • —On-chain activity on the Bitcoin network is falling
Why it matters: BTC leaving exchanges usually signals accumulation, but a weak macro backdrop and declining on-chain activity could delay any upside.
Source: CriptoNoticias