6min chapter

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News cover image

1684: “Here’s Why We’re Going to $1,000,000 Bitcoin in Days to Weeks”

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

CHAPTER

Analysis of Bitcoin Market Consolidation, Whole Coiners, and On-Chain Trends

The chapter delves into the decreasing active address ratio in Bitcoin, indicating market consolidation amid reduced retail involvement and heightened institutional investments. It also examines the launch of runes, a fungible token system linked to the recent Bitcoin halving, alongside the surge in meme coins attracting speculative traders.

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