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Bitcoin Metrics Show Market Equilibrium: Entry Opportunity Or A Sign Of Stagnation?

Bitcoin Metrics Show Market Equilibrium: Entry Opportunity Or A Sign Of Stagnation?


Bitcoinist
2024-09-20 20:30:07

Bitcoin has surged 11% since Tuesday following the Federal Reserve’s announcement of a 50 bps interest rate cut. This significant price movement pushed BTC past the $62,000 mark, a psychological level that shifted investor sentiment toward optimism. However, despite the recent rally, critical data from Glassnode reveals that both Bitcoin capital inflows and outflows remain


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