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Bitcoin (BTC) has now retraced for three straight days, slipping below $66,000 during the New York session on Wednesday. The decline came after a failed push above $70,000, as weak buying interest allowed sellers to maintain control.
Onchain data suggest that the pullback appears driven by spot-led selling on Binance, while the lack of a Coinbase premium during the US market session signals muted participation from US investors.
Key takeaways:
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The Coinbase premium index signals muted US investor…
