🪙Bitcoin Withdrawals from Exchanges
According to the latest data, more than 7000 BTC worth over $500 million have been withdrawn from Coinbase, indicating potential institutional accumulation and bullish sentiment.
📈Bitcoin now accounts for 63% of the total cryptocurrency market capitalization, the highest level since early 2021.
✔️According to CryptoQuant, BTC reserves on exchanges have fallen to a yearly low, and also below the minimum ranges of 2024.
📊Next week will be the busiest in the earnings report season, with about 40% of US companies expected to report revenue for Q1. Focus will be on Tuesday and Thursday with results from META, MSFT, AMZN, and AAPL.