BNB$747.97-0.03%BRENT$100.59+2.72%BTC$79,316-0.34%COPPER$6.74+0.01%DJI$52,457-0.62%DOGE$0.0905+0.49%DXY98.66-0.13%ETH$2,508-0.15%GOLD$4,416+1.38%NDX$29,469-0.13%SILVER$67.39+2.49%SOL$103.8-0.74%SPX$7,654-0.25%US10Y4.80-0.12%VIX16.10+2.42%BNB$747.97-0.03%BRENT$100.59+2.72%BTC$79,316-0.34%COPPER$6.74+0.01%DJI$52,457-0.62%DOGE$0.0905+0.49%DXY98.66-0.13%ETH$2,508-0.15%GOLD$4,416+1.38%NDX$29,469-0.13%SILVER$67.39+2.49%SOL$103.8-0.74%SPX$7,654-0.25%US10Y4.80-0.12%VIX16.10+2.42%
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Bitcoin Price Volatility and Rising Exchange Supply Raise Concerns

Key takeaways

  • Bitcoin's price experienced a 40% swing as exchange supply increased by 45,000 BTC, prompting questions about the reliability of a key on-chain signal.

Analysis

Bitcoin's price experienced a 40% swing as exchange supply increased by 45,000 BTC, prompting questions about the reliability of a key on-chain signal.

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