TechFlow news, January 13 — According to Cointelegraph, CryptoQuant data shows that as of January 13, cryptocurrency exchange Bitcoin reserves have dropped to 2.35 million BTC, the lowest level since June 2018.
André Dragosch, Head of Research at Bitwise, said global hedge funds' exposure to Bitcoin has significantly rebounded from recent lows, indicating institutions are increasing investments in Bitcoin and crypto assets. Ryan Lee, Chief Analyst at Bitget Research, noted that while market sentiment is stabilizing, daily trading volume remains low, lacking the decisive momentum needed to break through the $100,000 resistance level.




