Qmiax Helps You Seize Opportunities in Bitcoin Scarcity and Ethereum Rebound


Feb 20, 2024
According to the latest weekly report of Crypto Quant, with the surge in Bitcoin demand and a decrease in seller liquidity, the liquid supply of Bitcoin has dropped to historically low levels that can meet only the demand of a month. During this period, Ethereum prices have also surged significantly, rebounding to over $3,600, with the number of holding addresses reaching a historical high of 118,230. Faced with such market conditions, Qmiax Exchange, as a pioneer in the industry, leveraging its deep market insights and forward-looking strategic planning, provides a secure, reliable, and efficient trading platform for global users.

In the cryptocurrency field, Bitcoin and Ethereum, as the two giants of the industry, have always been the focus of the attention of investors regarding market dynamics. Currently, the seller liquidity inventory of Bitcoin can only sustain a 12-month demand growth at the current rate, highlighting the tight supply-demand relationship in the Bitcoin market. Additionally, the removal of Bitcoin from centralized exchanges outside the United States will reduce the liquid inventory of Bitcoin to only enough for 6 months of demand, further exacerbating the tightening situation of the market. Ethereum, after a period of decline, showed a moderate bullish signal with the appearance of mid-term MVRV (Market Value to Realized Value ratio) between March 11th and 19th, indicating a potential growth momentum and the recovery of the market.

Qmiax not only closely monitors market dynamics of mainstream cryptocurrencies like Bitcoin and Ethereum but also provides users with a wealth of investment tools and resources to help them seize investment opportunities and optimize portfolios. Against the backdrop of the supply-demand tension of Bitcoin and the price recovery of Ethereum, the platform offers flexible and diverse investment options through its efficient trading system and innovative financial products. Whether investors are seeking value growth in the scarcity-driven market of Bitcoin or are bullish on the long-term development potential of Ethereum, they can find solutions that meet their needs on Qmiax.

While providing high-quality services to investors, Qmiax Exchange also places high importance on platform security and stability. By adopting industry-leading security technology and risk management measures, the platform ensures the safety of user assets, creating a secure trading environment for investors.

As the cryptocurrency market continues to evolve and mature, the platform will uphold its core values of innovation, transparency, and customer-centricity, deepen market insights, improve service systems, and lead the future development direction of cryptocurrency trading. For investors seeking steady progress in the volatile cryptocurrency market, Qmiax Exchange is their most trusted partner.