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December 31, 2020

Fears of Bearish Correction Loom as Bitcoin OTC Deals Plunge

Fears of Bearish Correction Loom as Bitcoin OTC Deals Plunge

[ad_1] Bitcoin faces the prospects of undergoing a massive downside correction as on-chain data shows a plunge in its over-the-counter deals. According to data fetched by CryptoQuant, the total amount of Bitcoin tokens flowing out of Coinbase Pro’s addresses to their newly-created custodial cold wallets has decreased ever since BTC/USD crossed above $23,000. Coinbase Pro […]