Bitcoin Supply Dynamics Paints A Clear Picture of The Current Phase Of The Market
Description
The broader cryptocurrency market has shifted into a heightened bearish phase, causing Bitcoin to drop from its current all-time high of $124,000 to the $117,000 threshold. While bearish pressure is building, indicators such as Bitcoin’s supply dynamics are providing insights about the current state of the market and investors’ sentiment. What Bitcoin Supply Data Says About The Market Bitcoin’s price has fallen sharply after reaching a new all-time high on Thursday, which has sparked speculation...
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