U.S. reclaims dominance in Bitcoin market despite supply shift

11/30/2023 04:10
U.S. reclaims dominance in Bitcoin market despite supply shift

Despite a decreasing regional Bitcoin supply, U.S. market players exert growing influence on the crypto market and BTC's price.

U.S. reclaims dominance in Bitcoin market despite supply shift U.S. reclaims dominance in Bitcoin market despite supply shift 30 seconds ago · 3 min read

Shift in Bitcoin's supply and price influence points to a concentrated U.S. market power.

3 min read

Updated: November 29, 2023 at 8:56 pm

U.S. reclaims dominance in Bitcoin market despite supply shift

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

The global Bitcoin trading center is shifting, with the U.S. reclaiming dominance. This involves intriguing patterns of price changes and supply distribution. Asia's influence is dwindling due to economic stimuli changes, while key players in the U.S. reshape the market balance. What's behind this strategic movement of Bitcoin's supply, and how is the power balance being reshaped as a result?

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