$3.15 Billion Worth of Bitcoin Sent to Exchanges in the Last 24-hours
The crypto markets are once again shrouded with uncertainty. According to Coinglass, 152,000 Bitcoin (BTC) worth a whopping $3.15 billion, was moved to exchanges in the last 24 hours . JUST IN: 152,000 $BTC ($3.15 billion) has been added to exchanges in the last 24 hours . — Watcher.Guru (@WatcherGuru) November 7, 2022 Source: Coinglass Now, crypto leaving wallets for exchanges is usually not a good sign. It leaves a window of possibility for the tokens to be dumped on the markets. Last week Bitcoin (BTC) managed to move past the $20k mark. However, the rally did not last till this week. The original crypto has once again slipped below $21k. Not only that, even Ethereum (ETH) fell below the $1600 mark. The development could be in anticipation of further volatility hitting the markets. More volatility coming for Bitcoin and other cryptos? The FED recently increased interest rates by 75 basis points in an attempt to curb inflation. However, two events, in particular, ...