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Sales Driven by Binance Put Pressure on Bitcoin, but "Uptober" May Flip the Scenario Soon
Despite the current selling pressures, CryptoQuant sees only a short-term decline before Bitcoin's recovery begins in late October historically
Bitcoin has seen a new decline of 2% over the past twenty-four hours, dropping below $111,000 on Friday. The ongoing market decline is mainly attributed to selling pressures led by the Binance platform, according to CryptoQuant.
Bitcoin has seen a new decline of 2% over the past twenty-four hours, dropping below $111,000 on Friday. The ongoing market decline is mainly attributed to selling pressures led by the Binance platform, according to CryptoQuant.
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