coin-img-ETHETH-0.88%coin-img-BTCBTC+1.35%coin-img-UCNUCN+0.34%coin-img-SOLSOL+1.16%coin-img-XRPXRP+0.92%coin-img-USDCUSDC+0.02%coin-img-ASTERASTER-10.25%coin-img-DOGEDOGE+2.08%coin-img-ETHETH-0.88%coin-img-BTCBTC+1.35%coin-img-UCNUCN+0.34%coin-img-SOLSOL+1.16%coin-img-XRPXRP+0.92%coin-img-USDCUSDC+0.02%coin-img-ASTERASTER-10.25%coin-img-DOGEDOGE+2.08%coin-img-ETHETH-0.88%coin-img-BTCBTC+1.35%coin-img-UCNUCN+0.34%coin-img-SOLSOL+1.16%coin-img-XRPXRP+0.92%coin-img-USDCUSDC+0.02%coin-img-ASTERASTER-10.25%coin-img-DOGEDOGE+2.08%coin-img-ETHETH-0.88%coin-img-BTCBTC+1.35%coin-img-UCNUCN+0.34%coin-img-SOLSOL+1.16%coin-img-XRPXRP+0.92%coin-img-USDCUSDC+0.02%coin-img-ASTERASTER-10.25%coin-img-DOGEDOGE+2.08%
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Mandy Williams

Bitcoin Selling Pressure Eases After Fed FOMC 25 bp Rate Cut as Exchange Inflows Drop

According to CryptoQuant, bitcoin's recent price rebound has coincided with a sharp decline in exchange deposits and softer selling pressure from large holders. After the Federal Reserve's latest FOMC meeting delivered a 25 basis points rate cut, BTC recovered from $80,000 to a monthly peak of $94,000 while whales and short-term traders realized multi-billion dollar losses.
BTC
BTC+1.35%
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