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coinpedia 2024-06-05 12:37:33

Miner’s Data Bolsters Bitcoin Uptrend As It Rockets Past $70K

The post Miner’s Data Bolsters Bitcoin Uptrend As It Rockets Past $70K appeared first on Coinpedia Fintech News Bitcoin has surged above the $70,000 mark, bolstered by a massive $886 million net inflow into US Bitcoin ETFs—the second-highest ever. This milestone reflects growing institutional confidence and market momentum. Additionally, the Miners’ Position Index (MPI) stands at -1.1247, down 22.37% in the last 24 hours, indicating that miners are selling less compared to their …

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