In short

  • Bitcoin reached $87,395 yesterday, the highest since January, and sentiment followed.

  • Strive and Strategy bought both, while spot ETFs brought in $999 million in a day.

  • Leverage was built up quickly, and a U.S. demand indicator has not yet turned positive.

Read the original story Bitcoin hits a 7-month high as FOMO peaks, but 2 signs still point to caution by Kamina Bashir on se.beincrypto.com

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