$BTC Daily update of what is driving the price up 🫡 +600m | CryptoNTez on Binance Square

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$BTC Daily update of what is driving the price up 🫡

+600m yesterday 👀

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#BTC Issuance: Bitcoin miners generate 3.125 BTC every 10 mins, 6 blocks/hour, adding up to 450 BTC/day (~$30M at $65K per BTC). #BTC Demand (ETFs): Average BTC Spot ETF net inflow since January is $100M/day (source: https://farside.co.uk/btc/) #BTC Supply on exchanges: Down ~15% since February and continues to fall daily (source: https://www.coinglass.com/Balance)

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