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Bitcoin fails to maintain $80,000 amid ETF inflows
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Bitcoin has not been able to hold above $80,000 despite ongoing inflows into spot ETFs. Indicators from Glassnode suggest a shift among BTC holders towards a distribution phase, while data from CryptoQuant presents a more optimistic outlook.
Key facts
- Bitcoin price fell below $80,000
- Ongoing inflows into spot ETFs
- Glassnode indicators show distribution phase
- CryptoQuant data indicates optimism
Bitcoin · Glassnode · CryptoQuant · ETF
Sources1
- Independent
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