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Bitcoin (BTCUSD) Soars on Institutional ETF Demand and Exchange Supply Drop

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin supply on exchanges dropped by over 400,000 year-over-year, signaling increased long-term holding and institutional accumulation via ETFs, suggesting reduced selling pressure and positive prospects for BTCUSD.
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Stored market data

BTCUSD price history

75645.37 +15.07% over the displayed period

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