• News
    • Bitcoin
    • Altcoins
  • NFT
  • Metaverse
  • Analysis
  • Regulation
  • Learn
  • Market Cap
What's Hot

Valentino Rossi Steps into The Sandbox with ValeVerse

2023-09-27

Opportunities for Artists and Creators at Decentraland Music Festival 2023

2023-09-26

Hitachi Leverages Metaverse and VR for Next-Generation Workforce Training

2023-09-25
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
Facebook TikTok Instagram YouTube
CryptoNewsMetaverse
  • News
    • Bitcoin
    • Altcoins
  • NFT

    U.S. IRS Considers Taxing NFTs Like Other Collectibles

    2023-03-21

    Meta Shuts Down NFT Project to Focus on FinTech and Content

    2023-03-14

    Solana’s Solend V2 Release, Is SOL Price $50 Next?

    2023-03-06

    Amazon NFT Marketplace To Reportedly Launch Next Month

    2023-03-06

    Blur Coin Under Fire As Allegations Of Wash Trading Emerge

    2023-03-01
  • Metaverse

    Valentino Rossi Steps into The Sandbox with ValeVerse

    2023-09-27

    Opportunities for Artists and Creators at Decentraland Music Festival 2023

    2023-09-26

    Hitachi Leverages Metaverse and VR for Next-Generation Workforce Training

    2023-09-25

    Upland and KABOOM! Unite to Address Playspace Inequity

    2023-09-22

    Decentraland Hosts the First Metaverse Architecture Biennale

    2023-09-20
  • Analysis

    DOJ Officially Seizes Over $456,000,000 Worth of Robinhood Shares Tied to FTX Founder Sam Bankman-Fried

    2023-01-08

    Mark Cuban Makes Prediction on Next Crypto ‘Scandal,’ Warns of Potential Implosion if Exposed: Report

    2023-01-08

    Binance Listings Cause Crypto Assets To Spike an Average of 41%: New Research

    2023-01-08

    Bitcoin Whales Unloaded BTC As Market Reversed and Parked Their Profits in This Crypto Asset Class: Santiment

    2023-01-07

    Crypto Analyst Predicts Breakout for AI-Focused Altcoin, Updates Outlook on Ethereum and Lido DAO

    2023-01-07
  • Regulation

    Ripple files motion to block SEC appeal attempt

    2023-09-04

    JP Morgan believes SEC will be forced to approve ETFs after losing case against Grayscale

    2023-09-03

    Ripple Files Motion To Oppose SEC Appeal Over Landmark XRP Ruling

    2023-09-03

    U.S. SEC Punts on Bitcoin (BTC) Spot Exchange-Traded Fund Approvals, Delays Decisions Until October

    2023-09-02

    Navigating the significance of legal opinions in the crypto sphere

    2023-09-02
  • Learn

    What is NBA Top Shot? A Beginner’s Guide

    2023-09-22

    What Are Bridges in Crypto? Cross-Chain Bridges, Explained – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    2023-09-21

    SingularityNET (AGIX) Price Prediction 2023 2024 2025

    2023-09-18

    What Are Altcoins? Best Altcoins to Buy  – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    2023-09-08

    Your Guide to the Digital World of ENS Domains – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    2023-09-04
  • Market Cap
CryptoNewsMetaverse
Home»Bitcoin»BTC, ETH Exchange Flows Settles Down; Bull Run When?
Bitcoin

BTC, ETH Exchange Flows Settles Down; Bull Run When?

2023-01-14No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin Price New: The biggest digital assets like Bitcoin (BTC) and Ethereum (ETH) have been enjoying a relief rally since the beginning of 2023. The ongoing price rally has helped the crypto market to recover from the horrible collapse of 2022. However, recent data reveals that good times for the crypto market might be ahead now.

CEX collapse fear drops

As per the data provided by IntoTheBlock, exchange flows for Bitcoin and Ethereum have settled down now. This has been recorded as the lowest outflow since Sam Bankman-Fried’s FTX horrible crash. This also depicts that the centralized exchange related fears have been easing down.

However, a report by CryptoQuant stated that aggregate Bitcoin moved on the network has reached the low of 2020. This can be a positive signal for Bitcoin traders. 2022 saw some capitulation which led to some huge BTC movement.

Data depicts that a low activity has taken over the network. A trend reversal and some good high movement in coin trading can prove to be a good indication of a bull run ahead.

Bitcoin price spikes by 11%

Bitcoin price has surged by a whopping 11% in the last 24 hours. BTC went on to touch the crucial $21k price level. Bitcoin price registered a new high on November 8, 2022. BTC is trading at an average price of $20,926, at the press time.

Bitcoin’s 24 hour trading volume has spiked by 20% to stand at $38.6 Billion. However, data shows that more than $215 million has been liquidated from the network in the last 24 hours.

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.



Source link

BTC Bull ETH Exchange Flows run Settles
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

U.S. SEC Punts on Bitcoin (BTC) Spot Exchange-Traded Fund Approvals, Delays Decisions Until October

2023-09-02

SEC Files ‘Secret’ Sealed Motion in Court Battle Against Top Crypto Exchange Binance

2023-08-31

FBI Issues Warning to Crypto Investors, Says North Korean Hackers May Sell Off $40,000,000 in Bitcoin (BTC)

2023-08-23

The FBI is cracking down on illicit crypto cash flows

2023-08-21
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Happy International Women's Day! Leaders share their experiences in crypto

2022-03-09

‘ETH also has the potential to go five-figure asset post the merge’

2022-03-20

Bitcoin’s realized price shows a bottom could be forming

2022-09-04

Subscribe to Updates

Get the latest news and Update from Cryptonewsmetaverse.com about Crypto, Metaverse and NFT.

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Facebook Instagram YouTube TikTok
Top Insights

Valentino Rossi Steps into The Sandbox with ValeVerse

2023-09-27

Opportunities for Artists and Creators at Decentraland Music Festival 2023

2023-09-26

Hitachi Leverages Metaverse and VR for Next-Generation Workforce Training

2023-09-25
Get Informed

Subscribe to Updates

Get the latest news and Update from Cryptonewsmetaverse.com about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
© 2023 Cryptonewsmetaverse.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$26,240.000.35%
  • ethereumEthereum(ETH)$1,593.230.55%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$211.79-0.02%
  • rippleXRP(XRP)$0.50-0.31%
  • usd-coinUSDC(USDC)$1.000.08%
  • Lido Staked EtherLido Staked Ether(STETH)$1,591.910.49%
  • cardanoCardano(ADA)$0.243876-0.06%
  • dogecoinDogecoin(DOGE)$0.0604790.41%