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Bitcoinist
2020-02-24 12:00:27

Bitcoin Active Supply Drops: Are More People Buying BTC en Masse?

Yesterday, the active supply of Bitcoin on the market was at its lowest in months — suggesting consistent demand for BTC ahead of the halving. The next Bitcoin halving is expected to occur on the 18th of May, 2020 — marking 4 years since the last halving event. This could explain why the active supply of Bitcoin dropped by 3.3% yesterday: people are buying more of the cryptocurrency ahead of the halving event which theyRead More