’10x Surge’ — Coinbase Traffic Overwhelmed Initial Demand Projections Amid Bitcoin’s Rise to $64K
Submitted by Anonymous (not verified) on Thu, 02/29/2024 - 19:10

As the price of Bitcoin cont
In an extraordinary run, Bitcoin has managed to go as high as $64,000, but is this rally justified? Here’s what on-chain data suggests.
El Salvador, buying Bitcoin over the last two years, has been at the forefront of the crypto industry, becoming the first country to act
Spot Bitcoin Exchange-Traded Funds (ETFs) saw yet another record-breaking day yesterday, with inflows reaching a new daily all-time high (ATH).
On-chain data shows the newbie Bitcoin whales hold an all-time high amount of unrealized profit following the latest rally in the asset to $60,000.
As Bitcoin climbs past $60,000, US-based spot Bitcoin ETFs register a trading volume frenzy fueled by natural demand.

Bitcoin is trading above $60,000 for the first time in over two years following a wave of institutional demand.
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