The number of addresses deposited to Bitcoin exchanges has fallen to 132,100. This figure was last seen in 2016.
- **Reduction in Selling Pressure**: This metric shows that investors are moving less of their BTC to exchanges for liquidation. Selling pressure has decreased as Bitcoin has risen above $60,000.
- **Net Outflows**: There was a net outflow of $1.3 billion from exchanges last week. This shows that investors are inclined to hold on to their assets.
- **Market Movement**: Analysts predict that Bitcoin could rise to $92,000. However, macroeconomic factors could affect the market.
- **Liquidations and Market Drop**: The crypto market is in decline ahead of the FOMC meeting. $178 million positions were liquidated in the last 24 hours. Bitcoin and Ethereum are among the most affected.
- **Market Capitalization**: Global crypto market cap fell 3.7% to $2.13 trillion. Bitcoin's price fell 3% to below $58,000, but daily trading volume increased by 106.28%. 📉📈