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Bitcoin Sees Profit-Taking Around $70K Amid ‘Stubbornly Bullish’ Sentiment

On-chain data shows over 50% of Bitcoin supply remains inactive, a sign of strong long-term conviction in the asset.

Updated Jun 4, 2024, 8:11 p.m. Published Jun 4, 2024, 6:27 a.m.
(16:9 CROP) Bull and Bear (Rawpixel)
(16:9 CROP) Bull and Bear (Rawpixel)