Spike in BTC Exchange Inflow Preceded Bitcoin Price Correction to $8.6K

Crypto New Media Press

Spike in BTC Exchange Inflow Preceded Bitcoin Price Correction to $8.6K

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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