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CoinGape 2024-01-18 14:29:23

High Profit Supply Risk for Bitcoin, Ethereum, and XRP: Is a Correction Imminent?

Despite robust inflows into Bitcoin ETFs in the past week, the Bitcoin price remains under considerable selling pressure, experiencing a 7% decline over the same period. Currently, the BTC price hovers around the $42,750 mark, exhibiting limited movement despite the increased activity in Bitcoin exchange-traded funds. Bitcoin’s Supply In Profit At Risk Levels Santiment, an The post High Profit Supply Risk for Bitcoin, Ethereum, and XRP: Is a Correction Imminent? appeared first on CoinGape .

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