Bitcoin crossed $81,000 on May 14, 2026, based on Glassnode insights. Despite the strong rally, the MVRV Z-Score — often used to identify market tops — stayed near 1, remaining well below levels recorded during past bull market peaks. Data also shows Bitcoin held on exchanges has dropped close to 3 million BTC, while U.S. spot Bitcoin ETFs now control around 1.3 million $BTC
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