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Home BlockchainIs Bitcoin's Sell-Off Finally Running Out of Steam?
Blockchain

Is Bitcoin's Sell-Off Finally Running Out of Steam?

by Decrypt
written by Decrypt 0 comments
Is Bitcoin's Sell-Off Finally Running Out of Steam?

In brief

  • Selling pressure is showing signs of fatigue, according analysts citing on-chain data.
  • Large holders scooped more than 54,000 BTC during last week’s drop, in a sign some are buying the dip.
  • Still, experts warn stabilization alone does not signal a reversal.

Sell-side pressure for Bitcoin, which last week brought the world’s largest crypto to its lowest point since President Donald Trump was elected for a second term, has begun to abate.

Analysts point to increasing demand from large buyers,…

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