Bitcoin supply on cryptocurrency trading platforms has reached its lowest level since November 2018 due to investors holding onto their Bitcoin for the long term. This decrease in available Bitcoin on exchanges puts pressure on buyers, potentially maintaining Bitcoin’s upward trend if demand remains constant or increases.
The reduced supply also reflects increased investor confidence in Bitcoin as a store of value, given unpredictable global economic policies and rising inflation.
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<p>The post Investors Hold Bitcoin for Long Term Amid Unpredictable Economic Policies and Rising Inflation first appeared on CoinBuzzFeed.</p>
