GOLDILOCKS
"On Tuesday, April 16, Bybit published a new report, providing a detailed analysis of the Bitcoin halving event set to take place this month. The crypto firm disclosed that the Bitcoin reserves within the world’s crypto exchanges have been depleting at a rapid pace, leaving only nine months of BTC supply left on exchanges."
This new trend is expected to drive the price of Bitcoin up. The more scarce it becomes, the more valuable it will be in the short run.
Bitcoin has been known to drive prices up in the cryptocurrency world. As we shift into a digital economy, there are new cryptocurrencies that will begin new protocols inside this new digital framework.
Their connection to bitcoin will help raise their value going forward. As new demands are placed on these new digital assets that will move our Global Economy, it will be the demand for them in the future that will begin to place price pressures on their existence based on their use case scenarios.
Our world is clearly in transition, and the more we learn about it the better off we can be in integrating our lives into it.
We are in process of carving out a path into this new digital asset based trading system. It will change us in ways many of us did not anticipate.
Staying focused and intentional about your new place in the world will be a vital step and becoming a part of it.
© Goldilocks
https://www.newsbtc.com/news/bitcoin/crypto-exch
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