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CoinGape 2024-02-29 23:41:12

Bitcoin’s Supply and Demand Imbalance in Limelight; Price Surge Ahead?

Bitcoin prices shot up to $63K during an upbeat trading session on Thursday. The bullish trading sentiments were buoyed by an increase in inflows for Bitcoin ETFs and risk appetite for investors. However, one elephant in the room that hasn’t been recognized yet is the supply and demand imbalance. Bitcoin Demand Stays Higher Than Supply The post Bitcoin’s Supply and Demand Imbalance in Limelight; Price Surge Ahead? appeared first on CoinGape .

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