Bitcoin News: Bitcoin Exchange Supply Hits 7-Year Low, Signaling Long-Term Holding Trend
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A new milestone has been reached in the world of Bitcoin, as the amount of the cryptocurrency held on exchanges has hit its lowest level in over seven years. This development could have significant implications for the future of Bitcoin’s price and investor sentiment.
Bitcoin Exchange Supply Hits 7-Year Low
Bitcoin’s presence on crypto exchanges has reached its lowest level in over seven years, signaling a shift toward long-term holding behavior among investors. According to data from Santiment, only 7.53% of Bitcoin’s total supply is currently held on exchanges—the lowest ratio since February 20, 2018. This drop in exchange supply reflects reduced short-term sell pressure. When coins move off exchanges into cold storage or custodial solutions, it typically indicates that holders are not planning to sell in the near term. This trend can help insulate the market from sudden downturns, as fewer coins are readily available for spot selling.
Bitcoin Price Prediction Markets Bet BTC Won’t Exceed $138K in 2025
Bitcoin (BTC) retains a $138,000 price target for 2025 as the market recovers from US trade tariffs. Data from prediction service Polymarket suggests BTC/USD could gain around 60% from current levels this year. Conservative Polymarket users cap BTC price upside at 60%. Bitcoin bull market projections have faced setbacks this quarter due to various issues impacting crypto and wider risk-asset spectrum. An assessment of all potential BTC price outcomes on Polymarket concludes that the bull market cycle may be capped at around 60% before 2026. Price bets extend down to $59,000.
Russian Economist Warns Against Bitcoin Reserve
Valentin Katasonov, Chairman of the S. F. Sharapov Russian Economic Society, has urged caution over Russia establishing a crypto reserve. According to Katasonov, cryptocurrency is a speculative asset that could threaten economic stability. He compared the idea of a national crypto reserve to ’laying landmines’ in Russia and warned that if the crypto bubble bursts, it could have severe economic consequences despite narratives promoting its benefits. No specific coins or exchanges were mentioned in the article.
Trump Endorses Pro-Bitcoin Senator Lummis
US President Donald Trump has thrown his full backing behind pro-Bitcoin Senator Cynthia Lummis (R-Wyo.) in her 2026 reelection race. Declaring her an “America First Warrior” on his Truth Social platform, Trump singled out Lummis’ leadership on crypto policy, writing that she is “working closely with me to make America the Crypto Capital of the World.” As the Chair of the Senate Banking Subcommittee on Digital Assets, Cynthia Lummis is fighting tirelessly to grow the economy, cut taxes and regulations, and prioritize various national interests.
Global Conglomerate Adds 580 BTC Amid Unprecedented Crypto Popularity
The Blockchain Group recently bought another 580 Bitcoins, marking its third significant Bitcoin purchase since Trump’s election victory. This became the latest in a long list of companies buying record amounts of Bitcoin, indicating a clear industrial shift towards digital assets. The article explores TBG’s Bitcoin strategy and how a recent pro-crypto regulatory change could impact BTC Bull Token, a Bitcoin-themed meme coin.
