#BTCvsMarkets
Fidelity: The supply of Bitcoin on exchanges is falling due to purchases by public companies.
The reserves of BTC on cryptocurrency exchanges have fallen to the lowest level since November 2018.
Fidelity: The supply of Bitcoin on exchanges is falling due to purchases by public companies
News
The reserves of Bitcoin on cryptocurrency exchanges have fallen to their lowest level in over six years, as publicly traded companies increase their accumulation of the digital asset following the U.S. presidential elections, according to Fidelity Digital Assets.
"We have seen that the supply of Bitcoin on the exchanges has fallen due to purchases by public companies, something we expect to accelerate in the near future," Fidelity reported on the social media platform X.
