Risks of a pullback versus optimism: Despite rapid growth (the coin gained about 25% over the week), analysts at Fidelity Digital Assets are urging caution. In their view, the current momentum does not yet guarantee the final end of the global bear cycle, and local corrections are possible in the market. $BTC
is holding its position amid a storm in traditional financial markets. The weakening of the US dollar provided additional support to risk assets, including cryptocurrencies and metals. On the blockchain, there has been a revival of old wallets. Just over the past month, more than 800 $BTC that had been inactive for many years were moved, which often indicates profit-taking by large players. Public miners, based on the results of the first half of the year, reduced their realized hashrate by 15% (about 56 EH/s). Some of the capacity was redirected to other computing tasks, including the artificial intelligence (AI) sector #BTCTops$80K #BitcoinETFsBiggestDailyInflowSinceJanuary #比特币突破8万美元 #BitcoinEthereumHitMultiMonthHighs #USWeeklyInitialJoblessClaimsRiseTo206000
is holding its position amid a storm in traditional financial markets. The weakening of the US dollar provided additional support to risk assets, including cryptocurrencies and metals. On the blockchain, there has been a revival of old wallets. Just over the past month, more than 800 $BTC that had been inactive for many years were moved, which often indicates profit-taking by large players. Public miners, based on the results of the first half of the year, reduced their realized hashrate by 15% (about 56 EH/s). Some of the capacity was redirected to other computing tasks, including the artificial intelligence (AI) sector #BTCTops$80K #BitcoinETFsBiggestDailyInflowSinceJanuary #比特币突破8万美元 #BitcoinEthereumHitMultiMonthHighs #USWeeklyInitialJoblessClaimsRiseTo206000
