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Home ยป Bitcoins Performance Exhibits Volatility and Potential for Rally
Bitcoin

Bitcoins Performance Exhibits Volatility and Potential for Rally

By adminJun. 10, 2024No Comments1 Min Read
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Bitcoins Performance Exhibits Volatility and Potential for Rally
Bitcoins Performance Exhibits Volatility and Potential for Rally
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A surge in on-chain transactions has hinted at a promising week ahead for Bitcoin. Data from 10X Research revealed that around 100,000 BTC, valued at approximately $6.75 billion, were taken out of exchanges in the previous month. The bulk of these withdrawals originated from two prominent U.S. platforms, Kraken and Coinbase. Specifically, Kraken saw withdrawals totaling $3.8 billion, involving 55,000 Bitcoin, while Coinbase recorded withdrawals amounting to $1.7 billion, comprising 24,000 Bitcoin. Stay updated on the latest tech news by visiting NEWSLINKER.

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