coin-img-ETHETH+3.45%coin-img-BTCBTC+4.25%coin-img-NEXINEXI-37.84%coin-img-SOLSOL+3.76%coin-img-ROBOROBO+10.20%coin-img-OPNOPN+9.32%coin-img-XRPXRP+3.08%coin-img-USDCUSDC-0.01%coin-img-ETHETH+3.45%coin-img-BTCBTC+4.25%coin-img-NEXINEXI-37.84%coin-img-SOLSOL+3.76%coin-img-ROBOROBO+10.20%coin-img-OPNOPN+9.32%coin-img-XRPXRP+3.08%coin-img-USDCUSDC-0.01%coin-img-ETHETH+3.45%coin-img-BTCBTC+4.25%coin-img-NEXINEXI-37.84%coin-img-SOLSOL+3.76%coin-img-ROBOROBO+10.20%coin-img-OPNOPN+9.32%coin-img-XRPXRP+3.08%coin-img-USDCUSDC-0.01%coin-img-ETHETH+3.45%coin-img-BTCBTC+4.25%coin-img-NEXINEXI-37.84%coin-img-SOLSOL+3.76%coin-img-ROBOROBO+10.20%coin-img-OPNOPN+9.32%coin-img-XRPXRP+3.08%coin-img-USDCUSDC-0.01%

Bitcoin Hits $71,000 as Exchange Reserves Drop to All-Time Low of 2.7 Million BTC

Bitcoin touched $71,000 on March 10, 2026, as veteran trader Peter Brandt highlighted a chart pattern he calls the "Banana Split," showing a shorter-term "Little Banana" formation within a larger multi-year uptrend structure with repeating 52-week cycles. CryptoQuant data show Bitcoin held on centralized exchanges has fallen to approximately 2.7 million BTC, down from over 3.2 million BTC in 2023 and marking a record low. More than 20 million BTC have been mined out of the 21 million maximum supply, meaning over 95% of all Bitcoin is now in circulation.
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