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Bitcoin (BTCUSD) Rebounds to $65K as Long-Term Holders Accumulate Record Supply

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The Story

News Summary

  • Bitcoin rebounded 6% to $65,000 as on-chain data shows long-term holders control a record 79% of circulating supply, hinting at a potential bear market bottom.
  • However, upcoming FOMC decisions and cautious warnings from some analysts keep traders on alert for macro volatility.
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BTCUSD price history

77694.15 +17.93% over the displayed period

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