Bitcoin rebounded to $83K after falling to $81K over the weekend, led by significant purchases from Strategy and Metaplanet, amounting to $1.93 billion combined. Although the price dropped by 5.07% this week, trading volume surged by 90.34%, reflecting intensified market activity.
Bitcoin’s market capitalization fell slightly to $1.65 trillion, indicating sustained interest from institutional investors. Additionally, a decline in short-term holders from 50% to 40% raises questions about future price volatility, suggesting a more stable market ahead.
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