Bitcoin bear market over

bitcoin bear market over

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Dwindling miner sales imply weaker acquired by Bullish group, owner ETHdecentralized finance DeFi three-year lows last week.

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Is Bitcoin Bear Market Over?
Bitcoin BTC % crossed the $20, threshold in early April and is now past the $36, mark as of time of this writing. Crypto enthusiasts are hoping 's crypto market rally can be sustained in Several significant events are on the horizon for Bitcoin. The cryptocurrency market has been in a sharp decline since November � after reaching an all-time high global market capitalization of almost $3 trillion.
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In the meantime, visit Need to edit for crypto to stay up to date. Today we have passed the washout point, as evidenced by the average age of bitcoin unspent transaction outputs UTXO. For example, there are would-be investors who are hesitant to buy crypto due to its complex nuances and cybersecurity considerations. As of late , the economy has made progress reining in inflation, but Fed Chair Jerome Powell has also suggested that more rate hikes may be necessary.