The dominance of Bitcoin transactions of values above $1 million has doubled year-over-year, hinting at a rising institutional involvement in the cryptocurrency space.
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Bears lick their paws while Bitcoin price blasts through $46,000
Derivatives data show the market is dominated by longs and that top traders added leverage as BTC price rallied to $46,300.
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Bitcoin erases May crash losses as BTC price rebounds to $44K
Indicators suggest that Bitcoin is looking to repeat the October 2020-like rally that sent the prices from $10,000 to $65,000.
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This key Bitcoin price indicator shows pro traders buying each dip
Derivatives data shows Bitcoin whales added to their leveraged positions after BTC price topped out at $42,600.
Read moreBitcoin Slumps Below $40k Again, Here’s What To Consider In The Coming Days
Bitcoin temporarily surpassed $40,000 before falling below again as investor sentiment shifted to mildly negative. Bitcoin Tanks Below $40k…Again After climbing to $42,000 over the
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Bitcoin outflows from centralized exchanges surge to 100K BTC monthly
Centralized exchanges have experienced their heaviest week of Bitcoin withdrawals since November 2020.
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