Bitcoin exchange reserves near 7-year low as hedge funds buy the dip
Crypto investors are eying a potential supply shock as Bitcoin reserves sink to a near seven-year low thanks to continued institutional buying.Bitcoin (BTC) reserves across all cryptocurrency exchanges fell to 2.35 million BTC as of Jan. 13, which marks a near seven-year low not seen since June 2018, when Bitcoin was trading above $7,000,…
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