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Bitcoin Hits $104K Before Dipping To $90K As Long-Term Holders Reignite Volatility

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Bitcoin’s recent surge to an all-time high of $104,000 awakened long-term holders, who added selling pressure that briefly pulled prices back to $90,000. With dormant BTC re-entering the market, heightened volatility is expected to persist. https://twitter.com/kyledoops/status/1866082880344199247?t=Fc3q1pkNEddgcLEgOZojxg&s=19 In the options market, traders are recalibrating following Bitcoin’s climb past $100K. Options Open Interest (OI) rose to $37.3 … Read more

Top 5 Trending Topics Shaping Cryptocurrency Markets This Wednesday

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The cryptocurrency market is abuzz with key developments driving price movements and discussions. Here are the top five topics dominating the space today: 1. Tron’s Milestones Tron blockchain and its native token TRX are in the spotlight, fueled by the migration of TRX from Ethereum to Tron and its growing utility in transactions and staking … Read more

Whale’s Massive GMX Sell-Off Triggers $5.82M Loss And Price Plunge

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In early June, a significant investor or institution made waves by acquiring 302,000 GMX tokens for $13.47 million at an average price of $45 through six separate addresses. This substantial purchase drove GMX’s price up by 12%, reflecting the market impact of such a concentrated buy. However, recent movements suggest the same entity has now … Read more

Bitcoin Nears $100K As Institutional Confidence Grows

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Bitcoin continues its march toward the elusive $100,000 milestone, hitting an all-time high of $99,850. As it nears this psychological barrier, limit sell orders are being triggered, and many in the market believe it’s only a matter of time before Bitcoin crosses the six-figure threshold. However, long-term Bitcoin holders appear to be taking a cautious … Read more