Bitcoin exchange deposit addresses drop to 132,100! 🎢 This level was last seen in 2016. This drop indicates that selling pressure is decreasing and investors are holding on to their BTC instead of liquidating it.
Analysts predict that Bitcoin could rise to $92,000. However, macroeconomic factors can still affect the market.
The crypto market experienced a major drop today. $178 million worth of positions were liquidated ahead of the FOMC meeting. Bitcoin and Ethereum are among the most affected.