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  • 2 years ago
  • Source NewsBtc

Bitcoin Hits $52,000 High: Are These Giant Sell-Offs About To Crash The Crypto Party?

Summary

Bitcoin has surpassed $52,000, but Spot On Chain warns of potential challenges. Genesis and the US government are set to sell significant amounts of Bitcoin, raising concerns about market volatility. Despite this, growing institutional interest through spot ETFs may offset the impact of these sell-offs.

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