Bitcoin stash in exchanges drops to two years low as fear sentiment returns

Major exchanges across the world have seen a considerable drop in bitcoin (BTC) deposits since March and have now reached the levels last witnessed in November 2018, according to analysts at Luno and Arcane Research.Nigeria is one of the biggest cryptocurrency markets for Luno which was recently acquired by Digital Currency Group (DCG) after it announced its services now reach 5 million users.Currently, 2.57 million bitcoin are deposited at crypto exchanges, which equals an outflow of 374,777 BTC since 15 March. In the same period, more than 100,000 BTC have found their way into Ethereum proto…

Read More