Bitcoin Price Rebound Fueled by US Whale Demand, Analysis Claims

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New analysis suggests US-based whales are driving Bitcoin's (BTC) price rebound to $64,000.
The Coinbase Premium Index, a key indicator of demand on the largest US crypto exchange, shows signs of recovery, bouncing off local lows and reclaiming its 14-day moving average, though still in negative territory.

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New analysis suggests US-based whales are driving Bitcoin's (BTC) price rebound to $64,000. The Coinbase Premium Index, a key indicator of demand on the largest US crypto exchange, shows signs of recovery, bouncing off local lows and reclaiming its 14-day moving average, though still in negative territory.

Read the full article on Cointelegraph

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This article was originally published by Cointelegraph.

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