Bitcoin ‘Sharks’ Silently Accumulate Amid Market Uncertainty — Details
Over the past 24 hours, Bitcoin, the flagship cryptocurrency, has declined by 0.9% after a trading week with little to no price action. Although the market’s next direction remains largely uncertain, a recent analysis has provided insight into underlying investor activity that would dictate long-term price direction. Related Reading: Bitcoin Funding Rates Stay Negative Despite Price Gains — What This Means Bitcoin Institutional Flows Reveal Strong Accumulation In a recent post on CryptoQuant’s QuickTake, on-chain analyst GugaOnChain highlights a significant capital rotation....
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Amid political chaos and global uncertainty, one bitcoin is now worth more than $39,000 as the value of all cryptos passes $1 trillion.