Bitcoin

Bitcoin experienced a significant spike of over 6% following Federal Reserve Chairman Jerome Powell’s recent announcement regarding potential policy adjustments and a hinted 25bps rate cut at the next meeting in September. This unexpected news has brought about increased volatility in Bitcoin prices in recent weeks. Despite the market’s unpredictability, on-chain data from CryptoQuant is
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Bitcoin’s recent crash below $50,000 on August 5 took the crypto market by storm, causing a cascade of losses across various cryptocurrencies. While the market has since bounced back, many short-term holders are still grappling with unrealized losses. Short-term holders, defined as investors who hold onto their assets for a brief period, are quick to
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