Supply Squeeze: Bitcoin Reclaims $90,000 as Binance Inflows Hit 4-Year Low

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 worlds largest cryptocurrency exchange-have plummeted to a monthly average of 5,700 BTC. []