Bitcoin’s recent $80,000 breakout was led by something other than U.S. spot buyers, data show

By Shaurya Malwa

Bitcoin’s recent $80,000 breakout was led by something other than U.S. spot buyers, data show

The rally was led by leveraged traders and not U.S.-based spot buyers. Hence, its. sustainability is being questioned.

Not financial advice. Do your own research before making investment decisions.

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