Bitcoin News
By Maheen Hernandez
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Bitcoin’s (BTC) stronghold above the $100,000 mark may be setting the stage for an even more powerful price move, as recent data shows a significant reduction in the coin’s…
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Since early 2024, Bitcoin supply on both centralized exchanges and over-the-counter (OTC) desks has dropped dramatically.
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But it’s not just retail-focused exchanges experiencing the drain. OTC desks, often used by institutions and high-net-worth buyers, have seen an even sharper drop—down 36%, with…
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The sharp drop in available BTC coincided with the introduction of the U.S. spot Bitcoin ETFs, which likely accelerated institutional demand.
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Although supply reserves can be replenished by sellers or miners, the overall trend remains one of increasing constraint, especially as long-term holders remain reluctant to part…
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Adding to the bullish setup is a notable rise in global liquidity, a macroeconomic indicator tied to the amount of money circulating in the financial system.
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In a recent post, Coutts explained that for every 1% increase in global liquidity, Bitcoin has historically responded with more than a 20% price movement.
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Andre Dragosch, Head of Research at Bitwise Asset Management, also backed this view. He highlighted that the global money supply has now reached a three-year high, which could…
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Investor sentiment appears to reflect these fundamentals. On Polymarket, a prediction platform, traders are placing the highest probability—76%—on Bitcoin reaching $120,000…
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While market conditions can shift rapidly, many analysts view the current environment as favorable for further gains.
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Still, experts caution that the market remains dynamic. Any major shifts in macroeconomic policy, unexpected selling pressure from whales or miners, or sudden regulatory news…
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As Bitcoin maintains its position above $100,000, eyes are now on the next psychological levels.
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