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Bitcoinist
2024-06-10 18:00:06

Bitcoin Risk Of Sell-Off Drops Sharply As Short-Term Holder Profit Remains Low

Over the weekend, Bitcoin suffered from mounting sell pressure that pushed the price below $70,000 once again. However, with the short-term hold profitability remaining low at this time, the risk of the pioneer cryptocurrency suffering further sell-offs has dropped significantly. Bitcoin Short-Term Holder Profitability At 3.35% Crypto analyst Ali Martinez has soothed Bitcoin investors’ nerves

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