Bitcoin Supply on Exchanges Plummets, Causing BTC Price to Drop Below $60K: A Closer Look at the Crypto Market
The Impact of Bitcoin Price Drop on Investors Introduction The recent drop in Bitcoin price to $59,490.94, down 2.25% over the past week, has caused a stir in the cryptocurrency market. This decrease has been accompanied by new yearly lows in Bitcoin reserves on exchanges, signaling a reduction in available liquidity. The shift towards self-custody…