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Bitcoin's Bullish Signals: These 3 Key Metrics Indicate Potential Upswing, Says Research Firm - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Summary by Benzinga

Market intelligence firm Santiment has identified three key metrics suggesting a potential bullish move for Bitcoin (CRYPTO: BTC). What Happened: The analytics platform highlights that the average returns of wallets, the dormancy period of coins, and Bitcoin’s supply on exchanges all indicate a possible upward swing for the leading cryptocurrency by market cap. Santiment notes that historically, accumulating BTC when wallets’ average returns are…

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Bitcoin's Bullish Signals: These 3 Key Metrics Indicate Potential Upswing, Says Research Firm - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Market intelligence firm Santiment has identified three key metrics suggesting a potential bullish move for Bitcoin (CRYPTO: BTC). What Happened: The analytics platform highlights that the average returns of wallets, the dormancy period of coins, and Bitcoin’s supply on exchanges all indicate a possible upward swing for the leading cryptocurrency by market cap. Santiment notes that historically, accumulating BTC when wallets’ average returns are…

10 hours ago·New York, United States

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u.today broke the news in 1 day ago on Friday, February 21, 2025.

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