Bitcoin briefly surged past $90,000 on Jan. 28 before retreating to trade between $89,300 and $89,600, with market cap peaking at $1.78 trillion. Contradicting ETF Trends Bitcoin briefly surged past the $90,000 milestone Jan. 28, fueled by reports that bitcoin transfers to Binance—the world’s largest cryptocurrency exchange—have plummeted to a monthly average of 5,700 BTC. […]
Source: https://news.bitcoin.com/supply-squeeze-bitcoin-reclaims-90000-as-binance-inflows-hit-4-year-low/