Illiquid supply ‘going up relentlessly’ — 5 things to watch in Bitcoin this week
It may have dropped to six-month lows, but Bitcoin is still the subject of an increasing supply squeeze.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It may have dropped to six-month lows, but Bitcoin is still the subject of an increasing supply squeeze.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Donald Trump Jr. Leaves Kalshi, Keeps Polymarket Role a Week After Democrats Win Congress
Donald Trump Jr. no longer advises Kalshi. The prediction market and the president’s eldest son mutually agreed to end the arrange...
Bitcoin Price Briefly Crashes to $67,500, Lowest Since August, as Dollar Holds 19-Month High
Bitcoin Magazine Bitcoin Price Briefly Crashes to $67,500, Lowest Since August, as Dollar Holds 19-Month High Bitcoin price traded...
Jupiter Crypto Trading on Its Own Fundamentals: JUP USD Breaks Away From Market Sell-Off
Jupiter (JUP) is refusing to follow the crypto market lower. While Bitcoin and major altcoins are experiencing a bloodbath, the So...
Bitcoin Breaks Below $69,000 as Selloff Sets New Lows
Ether, XRP and SOL also hit four-week lows on Coinbase, while bullish bets accounted for most tracked liquidations.... Read the fu...
Russia Sets November 22 Start for Exchange Crypto Trading, Subject to Approval
TL;DR: Russian exchanges may begin cryptocurrency trading from November 22 if their trading rules receive the Bank of Russia’s con...
Bitcoin and Ethereum sink to 3-month lows, but a bigger crypto selloff may be ahead
Bitcoin and Ethereum fell to three-month lows Thursday, deepening a cryptocurrency selloff that has erased $550 billion in market...