List of Flash News about cryptocurrency scarcity
Time | Details |
---|---|
2025-05-12 13:58 |
Bitcoin Exchange Reserves Hit Record Lows: Major Supply Shock Signals Bullish Crypto Momentum
According to Crypto Rover, Bitcoin reserves on cryptocurrency exchanges have dropped to historic lows, indicating an imminent supply shock that could accelerate upward price movement for BTC. On-chain data, as referenced by Crypto Rover via Twitter on May 12, 2025, shows that available Bitcoin on trading platforms is nearing depletion, reducing selling pressure and increasing the scarcity premium. For traders, this unprecedented reduction in exchange reserves often precedes significant bullish momentum, as limited supply can drive aggressive price rallies. Monitoring these on-chain metrics is critical for anticipating short-term volatility and potential breakout opportunities in the crypto market. Source: Crypto Rover (@rovercrc) Twitter, May 12, 2025. |