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Bitcoin (BTCUSD) Edges Up on MVRV Data Indicating Stable Trader Profitability

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The Story

News Summary

  • Santiment’s 30-day MVRV Ratio shows Bitcoin traders are near breakeven while XRP holders face losses.
  • A negative MVRV may signal bullish conditions as profit-taking dries up, suggesting Bitcoin could see steady buying pressure soon.
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BTCUSD price history

76356.35 +11.02% over the displayed period

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