Over the last seven months, Bitcoin has traded with isolated spurts of volatility but no major directional trend – similar to price action seen in 2023. However, signs of a shifting market now begin to materialize.
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A big Monday move
Bitcoin gained 5% this week, reclaiming $65,000 on the back of Monday’s rally, while ETH outperformed with a 7% gain. Spot market volumes remained tame along with retail and froth indicators. Nevertheless, institutional activity such as soaring CME open int
Israel-Iran tensions sent BTC tumbling this week as most traders opted for gold. However, a weekend rally now met with positive developments in FTX repayments keeps Q4's bullish image intact.lg...more