Bitcoin reserve company Hut 8 deposited 1,589 BTC to exchanges within two days
I don't really try to predict how the news will play out; I just look at which direction the money is moving.
It's not that closely related to the price, more like one sign of the sector moving forward.
$BTC Current price: 82,444.77, 24h +0.78%, 24h trading volume: $1.842 billion.