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![Spike in BTC Exchange Inflow Preceded Bitcoin Price Correction to $8.6K](https://cryptonewmedia.press/wp-content/uploads/2020/05/Spike-in-BTC-Exchange-Inflow-Preceded-Bitcoin-Price-Correction-to.png)
On May 24, the price of Bitcoin (BTC) dropped to $8,800 from $9,300. In the next 24 hours, it declined to as low as $8,600, leaving the top ranked digital asset on CoinMarketCap at risk of a bigger pullback. The initial drop of Bitcoin below $9,000 coincided with a massive inflow of BTC into exchanges […]
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