Source: Coindesk.com
The Bitcoin profit and loss index is hovering around its 365-day moving average; previous crossovers to the downside have led to major market corrections. Tether's market cap growth, often considered a key driver of bull markets, has stalled. Large BTC holders, however, increased their stash by 6.3% over the month, the highest since April 2023.
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Source: Coindesk.com
