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Posted: November 25, 2024
- Consistent stablecoin inflows into exchanges are fueling Bitcoin’s price stability above $96,000.
- Bitcoin’s MVRV ratio at 2.69 and rising open interest suggest a bullish trend with minimal risks.
Bitcoin’s [BTC ($86,697.00)] journey toward breaching the $100,000 mark remains closely watched as the cryptocurrency maintains price stability above $96,000.
Despite achieving an all-time high (ATH) of $99,645 on 22nd November, Bitcoin has resisted significant corrections, trading at $98,083 at the time of writing. This resilience suggests a strong foundation, with market participants awaiting its nex...
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