Markets· ★★★· bearish·

Bitcoin slips below $80K as exchange inflows rise and volumes shrink

  • —Price at $79,511, down 1.55% and lower for a fifth straight day
  • —24-hour volume $15.6 billion, down 23.77% from the prior day
  • —Net exchange inflows of 902 BTC versus 68 BTC a day earlier
  • —Active wallets fell 6.9% to 539,705
Why it matters: Rising exchange balances and fading network activity point to mounting sell-side pressure around the $80K support level.
Source: TokenPost