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HomeCrypto NewsBullish Undercurrents in Play for Bitcoin Prices (BTC), Onchain Data Show

Bullish Undercurrents in Play for Bitcoin Prices (BTC), Onchain Data Show

The percentage of bitcoin’s circulating supply active onchain within the last month fell to a record low of 5.4% early this week, according to Blockware Solutions and Glassnode. In other words, fewer coins are changing hands, indicating supply-side weakness. At press time, bitcoin’s circulating supply was 19.48 million.

www.coindesk.com

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