The price of Bitcoin has surged back above $63,500, surpassing the average realized price for short-term investors. This bullish momentum is bolstered by substantial inflows into digital asset investment products. #Bitcoin Bounces Back: Key Indicators Point to Continued Growth “The price of Bitcoin has returned above $63,500, which is above the average realized price (purchase price) for short-term investors.” – By @IT_Tech_PL Explore the key points 👇https://t.co/HvQXzPgws1 pic.twitter.com/pc5KRrwSej — CryptoQuant.com (@cryptoquant_com) July 29, 2024 CoinShares reports that these products saw $245 million in inflows last week, including a remarkable $519 million in Bitcoin alone. This brings Bitcoin’s inflows for the
The post Bitcoin Surges Above $63,500, Sparking Renewed Investor Optimism appeared first on The Merkle News.
