CryptoGlobe
2020-12-17 13:19:00

‘Extreme Buying Power’ Helped Bitcoin’s Price Cross $20,000

The price of bitcoin surpassed the psychological $20,000 resistance thanks to “extreme buying power,” data from the blockchain and cryptocurrency exchanges shows, as hundreds of users were depositing stablecoins to buy at the same time. According to data shared by on-chain crypto analytics firm CryptoQuant, the number of stablecoin inflow addresses for cryptocurrency exchanges surged […]

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