๐ Notable Developments
Bitcoin Supply Dynamics: BTC balances on over-the-counter (OTC) desks have reached an all-time low, indicating reduced selling pressure and potential bullish momentum .
Institutional Accumulation: Bitcoin's exchange supply has dropped to 2.5 million BTC, the lowest since 2018, suggesting increased institutional accumulation .โ
Michael Saylor's Prediction: MicroStrategy's Michael Saylor predicts Bitcoin could reach $10 million, emphasizing strong long-term bullish sentiment .โ
Altcoin Movements: Ethereum PoW leads today's gains with a 29.33% increase, while TURBO AI surges over 20% amid renewed interest in AI and meme-based cryptocurrencies .โ
