Name: Bitcoin Rally May Slow Amid Order-Book Imbalance
Uploaded: 2024-03-06T16:13:08.000Z
Duration: 1 min 9 s
Description: Bitcoin's price rally may face temporary resistance as the climb to a record high seems to have spurred profit-taking among BTC holders. Data tracked by Kaiko shows an imbalance between potential sellers and buyers in bitcoin's aggregated order book across 33 centralized exchanges. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

CD20$2,019.532.50%BTC$73,692.010.91%ETH$2,017.081.03%XRP$1.342.90%SOL$82.341.27%

Bitcoin Rally May Slow Amid Order-Book Imbalance | CoinDesk Videos

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CD20$2,019.532.50%BTC$73,692.010.91%ETH$2,017.081.03%XRP$1.342.90%SOL$82.341.27%

Bitcoin Rally May Slow Amid Order-Book Imbalance | CoinDesk Videos