📰 Is Bitcoin on the verge of exploding? 📈🔥
In recent days, we have witnessed exciting movements in the cryptocurrency market, especially with Bitcoin currently trading between $105,000 and $106,000.
📌 Key developments:
The liquid supply of Bitcoin has decreased by 30% over the past 18 months: This decline indicates an increase in institutional accumulation, which could lead to demand shocks and positive price volatility.
Increasing Bitcoin reserves among corporate treasuries: According to an expert from Standard Chartered Bank, 61 companies now collectively hold 3.2% of Bitcoin in their treasuries, representing a growth of over 100% in the past two months.
Gold rising to $3,360: This increase is seen as supportive of Bitcoin, especially amid a weak dollar and increasing concerns about the sustainability of national debts...
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