• Bitcoin slipped below $77K as geopolitical tensions shook markets globally.

• Binance Research says long-term Bitcoin holders continue to avoid selling.

• The exchange Bitcoin supply dropped to its lowest level in nearly six years.

Bitcoin dropped below $77,000 as Middle East tensions returned to the headlines. US oil prices surged above $107 a barrel after President Trump warned Iran that “the clock is ticking,” sending crypto markets and global risk assets lower in tandem.

The total crypto market cap fell 1.45% to $2.56 trillion. Ethereum slipped to $2,122. XRP traded at $1.39.

What Binance Research Just Found

While the price action grabbed attention, Binance Research published an analysis pointing to four separate on-chain indicators that all suggest sell-side pressure on Bitcoin is approaching exhaustion.

Nearly 60% of all Bitcoin has not moved in over a y…

Read The Full Article Bitcoin Sell-Off Could Be Nearing Exhaustion, Binance Data Suggests On Coin Edition.