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‘Sustained institutional buying’ will hold Bitcoin above $50K: CrossTower

In a report shared with Cryptox, institutional crypto trading platform CrossTower asserts that large investors will not let Bitcoin (BTC) fall back below $50,000.According to the report, addresses holding over 1,000 BTC rose to record highs in January on the heels of sizable retracements — evidencing strong dip-buying from whales despite the

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Bitcoin whales continue to accumulate despite BTC price holding above $50K

The number of whale addresses holding Bitcoin (BTC) have hit a new all-time high, the latest data shows. This can be considered bullish, particularly as the price of BTC is showing staying power above  $50,000.The increase in the number of whales indicate that high-net-worth investors are actively accumulating Bitcoin as

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Market Wrap: Bitcoin Rallies On After Passing $50K Psychological Level to $52K

Bitcoin broke above $52,000 Wednesday, with a market capitalization nearing $1 trillion.Bitcoin (BTC) trading around $52,231.69 as of 21:00 UTC (4 p.m. ET). Gaining 7.16% over the previous 24 hours.Bitcoin’s 24-hour range: $48,430.80-$52,536.47 (CryptoX 20)BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for

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