Institutions have accumulated 41.3K Bitcoin over the past month, indicating significant demand despite macroeconomic uncertainties. This trend suggests a continued bullish outlook for BTC in the crypto market.
BTC’s current price is 102,956.07 USD, reflecting a 3.49% increase in the last 24 hours. The surge is supported by rising social metrics, with Social Dominance at 26.6% and engagement increasing.
Low selling activity among long-term holders, coupled with decreased miner outflows, reflects strong confidence in BTC’s future value. This behavior contributes to market stability, potentially fueling further price growth.
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